Aptitude - Profit and Loss - Discussion

Discussion Forum : Profit and Loss - General Questions (Q.No. 6)
6.
The percentage profit earned by selling an article for Rs. 1920 is equal to the percentage loss incurred by selling the same article for Rs. 1280. At what price should the article be sold to make 25% profit?
Rs. 2000
Rs. 2200
Rs. 2400
Data inadequate
Answer: Option
Explanation:

Let C.P. be Rs. x.

Then, 1920 - x x 100 = x - 1280 x 100
x x

1920 - x = x - 1280

2x = 3200

x = 1600

Required S.P. = 125% of Rs. 1600 = Rs. 125 x 1600 = Rs 2000.
100

Video Explanation: https://youtu.be/0tTd5TwCspY

Discussion:
93 comments Page 10 of 10.

Kumar said:   1 decade ago
How the x value is find?

Raj said:   1 decade ago
@sunitha: do the step untill x=1600, then you can calculate 25% profit for cp 1600, if you calculate then you get Rs-400 then add that with 1600, you will get Rs-2000 (1600+400) because they ask overall amount for 25% so they calculate 125% (100+25).

Sunitha said:   1 decade ago
What formula is used and in question it is 25% in answer it is shown as 125% please explain


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