The profit earned by selling an article for Tk. 832 is equal to the loss incurred when the same article is sold for Tk. 448. What should be the sale price for making 50% profit?
The profit earned by selling an article for Tk. 832 is equal to the loss incurred when the same article is sold for Tk. 448. What should be the sale price for making 50% profit? Correct Answer Tk. 960
Hints: Let, cost price be TK x Then, (832 - x) /x ×100 = (x - 448)/x ×100 832 - x = x - 448 2x = 1280 x = 640 Profit = 50% of TK 640 = Tk.( 50/100)×640 = TK 320 So, the required sales price is (640 + 320) Tk. = Tk. 960