Question

The profit eamed by selling an article for Rs. 900 is double the loss incurred when the same artides
Rs. 450. At what price should the article be sold to make 25% profit?
(1) Rs. 600
(2) Rs. 750
(3) Rs. 800
(4) Data inadequate
answer with explanation​

Answer 1

Answer:

(2) Rs. 750

Let the C.P. be Rs. x.

Then, 900−x=2(x−450)

⇒900−x=2x−900

⇒3x=1800

⇒x=600

i.e., C.P. = Rs. 600, Profit =25 %

∴ S.P. of the article = Rs. (600×125)

100

= Rs. 750.

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