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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?

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? 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.

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