Question

The profit earned by selling an article for Rs. 3240 is adequate to the loss incurred by selling the same article for Rs. 2540 then what's the worth to the article be sold to form 45% profit?

1. Rs .4550.5
2. Rs. 4190.5
3. Rs. 7080.9 
4. Rs. 7850.7 

Answer 1

Correct Answer - Option 2 : Rs. 4190.5

Given,

The selling price of the article = Rs, 3240 

Again the new selling price of article = Rs. 2540

Calculation

Let the cost price be x

So, According to question,

3240 - x = x - 2540

⇒ 2x = 3240 + 2540

The CP be (3240 + 2540)/2 = 5780/2

⇒ 5780/2 = 2890

⇒ Selling price = 2890 × 145 /100 = 4190.5

∴ the asking price = Rs. 4190.5