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?
A) Rs. 2000
B) Rs. 2200
C) Rs. 2400
D) Data inadequate
Answer: A) Rs. 2000
Explanation:
Let C.P. be Rs. x.
Then,= >
=> 1920 - x = x - 1280
=> 2x = 3200
=> x = 1600
Required S.P. = 125% of Rs. 1600 =Rs(125/100*1600) = Rs2000
A shopkeeper purchased 10 boxes of pencils containing 10 pencils each at Rs. 100 per box and sold each pencil at a profit 12%. What is the total sale price?
The marked price of a calculator is Rs 750. It is sold at a discount of 22%. If the cost price of the calculator is Rs 500, then what is the profit (in Rs)?