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 3 of 10.

Vishal thakur said:   2 years ago
Profit and loss percentage equals means by formula.

Sp - cp/cp = cp - sp/cp. (100 is cancelled on both sides).
also, cancel cp on both sides then,
2cp = sp+sp
Cp = 1280 + 1920/2,
Cp = 1600.

By gain of 25%.
1600 + 25% of 1600,
1600 + 400 = 2000.
(33)

Dharm said:   1 decade ago
If the percentage of profit and loss is same, the C.P. is in the middle of both selling prices so you can apply the formula.

C.P= (SP1+SP2)/2=(1920+1280)/2=1600.

Now you want 25% profit means the new S.P is 1600+25%of it.

=1600+400=2000.

Vaibhav said:   3 years ago
Profit = 4:5.

Main concept;

{
In loss = cp>sp.
Loss = cp - sp.
while in profit in its ci.
vice versa,
profit = sp-cp.
}
Loss = x-1280
Profit = 1920-x
Loss = profit
2x = 3200
x= 1600
profit = 4:5.

4-----> 1600.
5-----> 2000.
(4)

Mr Pankaj said:   7 years ago
Simple method :

SP:1920 at Gain of x
SP: 1280 at loss of x

Gain = (1920-1280)/2
= 320

CP : 1920-320 = 1600

Now,
Gain is 25%
25= Gain*100/CP

Therefore
Gain = 25*1600/100= 400.
SP for Gain 25% is CP+gain = 1600+400= 2000.

Harsh said:   7 years ago
Earned profit on selling at 1920 = beared loss on sold at 1280.
There sum= 1920+1280=3200,
So the base price is with no profit no loss=3200/2=1600,

To make a profit of 25% on 1600=1600*25/100=400,
So total =1600+400=rs 2000.

A.KARTHIKA said:   10 years ago
Let C.P be Rs. x.

Then ((1920-x)/x)*100 = ((x-1280/x)*100.

1920-x = x-1280.

2x = 3200.
x = 1600.

Required S.P = 25% of RS.1600 = ((25/100)*1600) = 400.

From 1600 25% profit means,

(1600+400) = 2000.

Answer: Rs. 2000.

Soni bb said:   1 decade ago
If profit on condition 1 and loss on codition 2 is same

then, cost prise=1280+1920/2
=1600
after that on 25% profit=1600*125/100
=2000
that prove that c is the ans.

AKASH CHAKRABORTTY said:   7 years ago
let, x=profit.

The percentage is always calculated base upon the cost price.
so, 1920-x=1280+x,
x=320.
cost price=1280+320=1600,
Gain = 25*1600/100= 400.
SP for Gain 25% is CP+gain = 1600+400= 2000.

Aamir said:   1 decade ago
Its very simple questions profit incrd when selng it at 1920 is same as los when sel it at 1280 take average of two .i.e .1920+1280/2=1600 is new cost so prf 25%of 1600=400.so add 1600+400=2000
(1)

ASHWINI said:   3 years ago
Profit = SP-CP,
LOSS = CP-SP,
SP-CP = CP-SP,
SP+SP = CP+CP,
1920 + 1280 = 2CP,
3200/2 = CP.
1600 = CP.
SP = %PROFIT* CP.
SP = 100+25/100 * 1600,
SP = 125/100 * 1600,
SP = 2000.
(157)


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