Question

The profit earned by selling an article for Rs.5,200 is equal to the loss incurred when the same article is sold for Rs.4,500. What should be the sale price for making 15% profit?

A Rs. 6,855.50 Correct Answer Incorrect Answer
B Rs. 5,577.50 Correct Answer Incorrect Answer
C Rs. 4,505.50 Correct Answer Incorrect Answer
D Rs. 7,425.50 Correct Answer Incorrect Answer
E None of these Correct Answer Incorrect Answer

Solution

Cost price = `(5200+4500)/2` = `9700/2` = Rs. 4,850 ∴ S.P = 115% of 4,850 = `(4850xx115)/100` = Rs. 5,577.50

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