L&T Company Numerical Ability Profit and Loss

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?

Read Solution (Total 2)

Profit = loss
S.p-c.p= c.p-s.p
832-c.p = c.p - 448
C.p = 640
Gain% =( gain/cp)*100
50= (gain640)*100 gain = 320
Sp = 960
6 years agoHelpfull: Yes(2) No(0)

832 - CP = CP - 448 => 2 CP = 1280 => CP = 640
Profit = 832 - 640 = 192
SP - 640 = (192/2) => SP = Rs. 726
6 years agoHelpfull: Yes(0) No(2)

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