Question

1. If an article is sold for 29, the profit made is half the loss occurred when the
same article is sold for? 20. find the original price of the article.
(1) 26 (2) 79 (3) 23 (4) 24.50​

Answer 1

Answer:

using option elimination method

1) 26

SP = 29

CP = 26

P = SP-CP = 29-26 = 3

L = CP-SP = 26-20 = 6

This satisfies the condition of the given question, the profit made is half the loss occurred.

2) 79 - cannot be the answer

3) 23 - this gives an opposite answer of what is asked

4) 24.50 - here profit and loss is same