The profit earned by selling a chocolate for Rs 900 is double the loss incurred when the same chocol

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06 Oct 2020 Profit and Loss

The profit earned by selling a chocolate for Rs 900 is double the loss incurred when the same chocolate is sold for Rs.490. At what price should the chocolate be sold to make 25% profit?

OPtion

1) 720
2) 750
3) 700
4) 775
5) 780
6) 790
7) 800
8) 820
9) 725
10) None of these

Solution

Let C.P be Rs. x

900 - x = 2(x - 490) => x = Rs.626.67



C.P = 626.67 gain required is 25%

S.P = [(100+25) x 626.67] / 100 = Rs.783.33

Correct Option: 10 Best Solution (0)