Question

Find the Selling Price of the Article When it is Sold at 15 Percent Profit
The profit earned by selling an article for Rs. 730 is double the loss incurred when the same article is sold for Rs.255. What would be the selling price of the article if it is sold at 15% profit?

Answer 1

let  the  cost price = x,   loss = x - 255

profit =  730 - x,  now  as per  information,  

730 - x = 2( x - 255)  or   3x = 1240  or  x =  1240 /3

saling  price  at 15%   profit =  1240/3 * 1.5 = 620

Answer 2

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