Question

1. The percentage of profit earned by selling an article for 32750 is same as the percentage of loss on selling the same article for 32250. Find the selling price in order to earn a profit of 15%.​

Answer 1

Let C.P = x. If S.P= Rs 1920 ⇒ profit % = C.Pprofit​×100

Thus, profit % = x1920−x​×100

If S.P = Rs 1280, loss % - C.Ploss​×100=x(x−1280)​×100

From the question

x1920−x​×100=xx−1280​×100

1920−x=x−1280

2x=1920+1280=3200⇒x=23200​=1600

∴ required S.P = 125% of Rs 1600 = 100125​×1600=Rs2000