The profit earned after selling an article for Tk. 3,362 is the same as the loss incurred after selling the article for Tk. 2,36. At what selling price will a trader make a 20% profit on this article?
A
4639.4
B
4769.6
C
4830.8
D
None of these
Correct Answer: None of these
Let the cost price of the article be Tk. x.∴ 3362 − x = x − 2346 ∴ x = C.P. = 3362 + 2346 = 2,854/ - 2 ∴ S.P. corresponding to a 20% profit = 1.2 × 2854 = Tk. 3,424.8/ - Hence, option D is correct.