The percentage profit earned by selling a pair of earphones for Rs. 1,800 is equal to the percentage loss incurred by
selling the same article for Rs. 1,200. At what price should the article be sold to make 50% profit?
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Step-by-step explanation:
Let the CP be x.
1st SP= Rs 1800 (when profit)
2nd SP= Rs 1200 (when loss)
Therefore,
Profit %= SP - CP / CP X 100
Profit %= 1800 - x / x X 100
and Loss %= CP - SP / CP X 100
Loss %= x - 1200 / x X 100
Because, profit percentage and loss percentage are equal.
Therefore,
The IMG is the explanation after therefore.
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