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:
97 comments Page 7 of 10.
Vinothini said:
1 decade ago
@Vinothini
Listen, no need to worry abt x an all..
We have one formulae:
Gain*100/c.p=loss*100/c.p
We obtain:
gain=loss
s.p-c.p=c.p-s.p
1920-c.p=c.p-1280=>3600=2c.p
c.p=1600;
For profit 20%,already profit 3200-1600=1600is there.
1600*20/100 = 400; profit=s.p-c.p= > s.p=1600+400 = 2000
Listen, no need to worry abt x an all..
We have one formulae:
Gain*100/c.p=loss*100/c.p
We obtain:
gain=loss
s.p-c.p=c.p-s.p
1920-c.p=c.p-1280=>3600=2c.p
c.p=1600;
For profit 20%,already profit 3200-1600=1600is there.
1600*20/100 = 400; profit=s.p-c.p= > s.p=1600+400 = 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.
then, cost prise=1280+1920/2
=1600
after that on 25% profit=1600*125/100
=2000
that prove that c is the ans.
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.
Priya said:
1 decade ago
Thank you kavi.
Susee said:
1 decade ago
Thanks aamir your explaination is awesome.
Gowthami said:
2 decades ago
Thank you kavi.
Gowtham said:
2 decades ago
Hai guys simple method..........
Given sum is 2 selling price
-->first one is profit(sp1)
-->second one is loss(sp2)
so......
given profit & loss value
but.......
have no given the original price(x)
sp1-x=sp2+x
1920-x=1280+x
x=320
original price=sp1-x
so op=1600
then 25% profit
porofit=1600*1.25
=2000
That's all.
Given sum is 2 selling price
-->first one is profit(sp1)
-->second one is loss(sp2)
so......
given profit & loss value
but.......
have no given the original price(x)
sp1-x=sp2+x
1920-x=1280+x
x=320
original price=sp1-x
so op=1600
then 25% profit
porofit=1600*1.25
=2000
That's all.
Mrs pallavi said:
2 decades ago
We have to calculate s.p
so formula is,
s.p=(100+profit%)*c.p/100.............(1)
now look at formula
we have profit % only we have to calculate c.p
now read our problem
assume,
profit=loss=x
sp1=1920
sp2=1280
sp1-x=sp2+x
1920-x=1280+x
1920-1280=2x
640=2x
x=320
Now we have formula to calculate c.p
c.p=s.p-profit...........................(2)
c.p=1920-320
c.p=1600
now put values in formula(1)
we get,
s.p=(100+25)*1600/100
s.p=125*1600/100
s.p=2000
Therefore selling price is 2000 to earn 25% profit
so formula is,
s.p=(100+profit%)*c.p/100.............(1)
now look at formula
we have profit % only we have to calculate c.p
now read our problem
assume,
profit=loss=x
sp1=1920
sp2=1280
sp1-x=sp2+x
1920-x=1280+x
1920-1280=2x
640=2x
x=320
Now we have formula to calculate c.p
c.p=s.p-profit...........................(2)
c.p=1920-320
c.p=1600
now put values in formula(1)
we get,
s.p=(100+25)*1600/100
s.p=125*1600/100
s.p=2000
Therefore selling price is 2000 to earn 25% profit
Insaan said:
2 decades ago
Its Simple, we have to use Gain% formula, see
Gain% = Gain*100/CP or SP-CP *100/CP
Let CP = x, then
case I = 1920 - x *100/x
case II = x - 1280*100/x [here i use loss% formula]
Now, compare the two cases, we get
1920 - x*100/x = x -1280*100/x
or 1920x - x^2 = x^2 - 1280
or 1920x - x^2 - x^2 + 1280 = 0
or 3200x - 2x^2 = 0
or 3200 = 2x
x = 1600 = CP
Now, use SP formula
S.P = 1 + Gain% * CP
1 + 25/100 * 1600
125/100 *1600
= 2000
Gain% = Gain*100/CP or SP-CP *100/CP
Let CP = x, then
case I = 1920 - x *100/x
case II = x - 1280*100/x [here i use loss% formula]
Now, compare the two cases, we get
1920 - x*100/x = x -1280*100/x
or 1920x - x^2 = x^2 - 1280
or 1920x - x^2 - x^2 + 1280 = 0
or 3200x - 2x^2 = 0
or 3200 = 2x
x = 1600 = CP
Now, use SP formula
S.P = 1 + Gain% * CP
1 + 25/100 * 1600
125/100 *1600
= 2000
Aamir said:
2 decades ago
1920+1280/2=1600
25%of 1600=400
1600+400=2000
25%of 1600=400
1600+400=2000
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Required S.P. = 125% of Rs. 1600 = Rs.
