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Profit and Loss - General Aptitude

Q1:

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

ANS:A - Rs. 2000

Let C.P. be Rs. 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 Rs. 1600 = Rs. 125 x 1600 = Rs 2000.
100