Question

The profit earned by selling an article for Rs.950 is double the loss incurred when the same

article is sold for Rs.650. At what price should the article be sold to make 30% profit?

Answer 1

Answer:

Selling price of the article  = 950

Cost price of the article.     = ?

Selling price of the article

at II condition.                     = 650

Profit = selling price - cost price

Loss = cost  price - selling price

To find at the price of the article so that it can make 30 percentage profit.

First you have to find the cost price then the profit ant bites equating profit you get the selling price.

Let the cost price of the article be x

(Please refer the attachment)

Answer is 1105 Rupees

That is the selling price.

Answer 2

Answer:

Answer is rs- 975

Step-by-step explanation:

Given data
Profit earned is equal to double the lose incurred
i.e., let CP be X
Then, 950-X = 2(X- 650)
950- X = 2X -1300
X = 2250/3
X = 750

Now, selling at 30% profit means
750× 30/100 = 750×0.3 =225 ra
Therefore selling price after 30% profit is 750+225 = 975 RS.