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7.Profit and Loss
medium
The profit earned by selling an article for $Rs. 832$ is equal to the loss incurred when the same article is sold for $Rs. 448.$ What should be the selling price for making $50\%$ profit? (in $Rs.$)
A
$920$
B
$960$
C
$1060$
D
$1200$
Solution
Let $x$ be the $C.P.$ of article.
$\therefore \quad 832-x=x-448$
or $x=\frac{832+448}{2}=Rs. 640$
$S.P.$ with $50 \%$ profit $=$ $C.P.$ $\times 1.5=640 \times 1.5=Rs. 960$
Standard 13
Quantitative Aptitude