The profit earned by selling an article for Rs. 832 is equal to the loss incurred when the same article is sold for Rs. 448. What should be the sale price for making 50% profit ?
A) Rs. 660
B) Rs. 560
C) Rs. 1060
D) Rs. 960
Answer: D) Rs. 960
Explanation:
Let C.P. = Rs. C. Then, 832 - C = C - 448 2C = 1280 => C = 640 Required S.P. = 150% of Rs. 640 = 150/100 x 640 = Rs. 960.
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