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?
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.
Perveen kumar said:
1 decade ago
Add sp1(profit) - sp2(loss)/2.
i.e. 1950-1280/2 = 640/2 = 320.
Add in 1280 = 1600*25%= 2000 answer.
i.e. 1950-1280/2 = 640/2 = 320.
Add in 1280 = 1600*25%= 2000 answer.
Shahid said:
1 decade ago
Let CP = x.
Profit = SP-CP = 1920-x.
Loss = CP-SP = x-1280.
Then CP = 1600/-
SP = CP*((100+profit)/100).
SP = 1600*1.25.
SP = 2000/-
Profit = SP-CP = 1920-x.
Loss = CP-SP = x-1280.
Then CP = 1600/-
SP = CP*((100+profit)/100).
SP = 1600*1.25.
SP = 2000/-
Malu said:
1 decade ago
What is the formula for profit%?
Ankur said:
1 decade ago
Simply bring difference of 1950-1280 = 640/2 = 320
320 add in 1280 = 1600 *25% = 2000 Rs. Selling Price.
320 add in 1280 = 1600 *25% = 2000 Rs. Selling Price.
Ramesh Marappan said:
1 decade ago
Friends you don't know what is cost price first we can find cost price and thus (1950+1280)/2 we get 1600.
So,
Cost price 100 = 1600.
125 = 2000.
So,
Cost price 100 = 1600.
125 = 2000.
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