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 7 of 10.

Buk said:   8 years ago
Please simplify.

1920-x/x*100=x-1280/x*100.

Abhay said:   8 years ago
@Buk.

Just eliminate the denominator x and the 100 you will get this result.

1920-x=x-1280 then you will able to get it.

Priyanka said:   8 years ago
Explain ((1920-x)/x)*100 = ((x-1280/x)*100.

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.

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.

Sam said:   7 years ago
1920-1280 = 640.
640/2 = 320.

1280+320 = 1600.

1600*(25/100) = 400.
1600+400 = 2000.

PVR said:   7 years ago
(1920+1280)/2 = 1600.
For 1600 25% is 400.
So 1600+400 = 2000.

Twin nepal said:   7 years ago
X%=1920-y)*100/y ---> (1)
X%=(y-1680)*100/y ---> (2)
Were x=profit and loss %.
And y=CP.
ACC qu (1)=(2).
So we get CP y=1600.
Then SP = y+y of 25%===2000.

Sheik abdullah said:   7 years ago
Please explain the last step.

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.


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