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 9 of 10.

Rony said:   4 years ago
Hello, guys for clear govt. The exam follows these steps:
Cp = average of both selling price (because gap is same)
= 1600.
New sp = 1600 * 5/4 = 2000(ans).
(6)

Jadhav Balaji shankar said:   4 years ago
1920 + 1280 ÷ 2.
1600 than 25%.
1600 * 5/4 = 2000.
(3)

Samita said:   4 years ago
Why 125%? Please explain.
(7)

Maha_Lakh said:   4 years ago
Given :
Selling price with profit = 1920/-
Selling price with loss= 1280/
1920 - 1280 =640
RS.640 is loss.

Here Profit==Loss
So,
Half the amount is profit . that is RS.320/- ]

Cost price =selling price-profit.
= 1920 - 320,
=> 1600/
-
What is 25% in 1600/-
25/100 * 1600 = 400.

cp + profit(25%) = sp.
then, 1600+400 = 2000/- that is the selling price with 25%..
(11)

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)

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)

Dee said:   3 years ago
@Kavi.

Thank you so much for explaining the answer.
(3)

Deepika said:   3 years ago
Super explanation. Thanks @Ashwini
(8)

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)

Devinder singh said:   2 years ago
1920-cp = cp - 1280.
cp = 1600/sp.
= 1600 * 120% = 2400.
(11)


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