Quantitative Aptitude :: True Discount - Discussion
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Choose the correct option.
The profit earned by selling an article for Rs 900 is double the loss incurred when the same article is sold for Rs 490. At what price should the article be sold to make 25% profit?
A550%
B650%
C750%
DNone of these
Answer: Option (Login/Signup)
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STEP-BY-STEP
Let the C.P be Rs. X
900 - x = 2 x ( X - 450 )
or, X = Rs. 600
So, C.P is Rs. 600
And, profit required is 25%.
Therefore, S.P = [ ( 100 + 25 ) x 600 ] / 100
= Rs. 750
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