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:
95 comments Page 10 of 10.

Subbaiah said:   2 years ago
1920 + 1280 = 3200.
Half is 1600.
Profit is 25%.
1600 * 125/100 = 2000.
(59)

Harshit kaushik said:   1 year ago
Let ;
cp = x.
sp for profit = 1920.
profit = 1920-x.
sp for loss = 1280.
loss = x - 1280.
atq-
(1920-x)=(x-1280).
further by solving x = 1600.
So sp = 1600.
Now for 25% gain 25% = 1/4.
25%of 1600 = 400.
Now sp for 25% gain.
= 1600 + 400 = 2000 answer.
(17)

Arisom Saha said:   8 months ago
Amazing explanation. Thanks all.

Sandeep said:   3 months ago
Simple way:

Our motive is to find sp so sp(formula) = 100+profit%/100*cp
But we are not having CP.
So, as this problem dealt with profit %.
So, cp = 100/100 + profit% * sp(sp = 1920 as in question mentioned only profit % so leave loss%)
cp = 100/100 + 25 * 1920 = 1600.
Now sp = 100 + gain%/100*cp
= 100+25/100 * 1600.
= 125 * 16.
= 2000(final ans).
(2)

Prasad said:   1 month ago
@All.

Here is my solution:

Solution:

Step 1: 1920 − CP = CP − 1280.
Step 2: 2CP = 3200,
Step 3: CP = 1600,
Step 4: For 25% profit → ratio = 4 : 5,
Step 5: 4 parts = 1600 → 1 part = 400,
Step 6: SP = 5 × 400 = 2000.
(1)


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