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The percentage profit earned by James by selling an article for ₹1,920, equals the percentage loss suffered by selling it at ₹1,500. What should be the selling price if he wants to earn 10 % profit?

A₹7,000

B₹2,000

C₹4,000

D₹1,881

Answer:

D. ₹1,881

Read Explanation:

The profit earned by selling at ₹1,920 is equal to the loss suffered by selling at ₹1,500. Now, to find the selling price for a 10% profit: Required Selling Price = Cost Price + 10% of Cost Price = x + 0.1x = 1.1x Selling Price = 1.1 * 1710 = ₹1,881.


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