The profit earned by selling an article for ₹1,060 equals the loss incurred by selling it for ₹860. At what price should it be sold to make a 25% profit?
A. ₹1325
B. ₹1150
C. ₹1250
D. ₹1200
1 answer
Best answer
Answer: D. ₹1200
Answer: (D) ₹1200
Shortcut: CP is midway between the two SPs: (1060 + 860) ÷ 2 = ₹960.
SP for 25% profit = 1.25 × 960 = ₹1200.
Doubtly AI
· 27 Oct 2026
AI-generated · not yet verified
Report
Was this answer helpful?
Thanks for the feedback.
Sign up free to save answers and ask your own doubts
Your answer
Log in or create a free account to answer this question.