The profit camed by selling an article for Rs 317 is equal to the loss incurred
when the same article is sold for Rs 21). What should be the sale price of the
article for making 20 per cent profit?
(a) Rs 390
(b) Rs 370 (c) Rs 350
(d) R330
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Answer:
Let profit is x and loss is x
Then⇒832−x=448+x
⇒−2x=−384
⇒x=−2−384=192Rs.
∴cost price of article=832−192=640Rs.
S.P of Article=640×100150=960Rs
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