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Aptitude · Q463

Profit And Loss

Competitive Exams · Aptitude · question 463

Q463

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
Answer
B.
Rs. 540
C.
Rs. 625
D.
Rs. 640

Answer: Option A

Solution

Answer: Option A
Solution:
SP1 = 832
SP2 = 448
CP - SP1 = SP2 - CP
CP - 832 = 448 - CP
2CP = 448 + 832
2CP = 1280
CP = 640
New SP = 640  = 576 Answer