Question 2
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The percentage profit earned by selling an article for ₹1920 is equal to the percentage loss incurred by selling the same article for ₹1280. At what price should the article be sold to make 25% profit?
- A ₹ 2000 Correct
- B ₹ 2200
- C ₹ 2400
- D Data inadequate
Correct Answer: Option A
Let C.P. be ₹ 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 ₹ 1600
| = ₹ |  |
125 | x 1600 |  |
= ₹ 2000. |
| 100 |
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