Question

The profit earned by selling an article for Rs. 832 is equal to the loss incurred when the article is sold for Rs. 448. What will be the selling price of the article if it is sold at a 10% loss?

• A. Rs. 576
• B. Rs. 640
• C. Rs. 625
• D. Rs. 540

Answer 1

Answer:

A. Rs. 576

profit = loss = x 448 + x = 832 - x 2x = 384 x = 384/2 = 192 cost price = (448 + 192) = (832 - 192) = Rs. 640 selling price = (100 - 10)/100 × 640 = Rs. 576