A man sold an article for INR 6800/- and incurred a loss. Had he sold the article for INR 7850, his gain would have been equal to half of the amount of loss that he incurred. At what price should he sell the article to have 20% profit

  • INR 7500/-
  • INR 9000/-
  • INR 8000/-
  • INR 8500/-
  • INR 10000/-
  • Explanation:

    Let cost price of an article = INR x

    According to question,

    (x-6800)= 2(7850-x)

    x-6800=15700-2x

    3x=22500

    x=INR 7500/-

    ∴ Required price of an article

    = 7500× 120/100= INR 9000/-

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A man sold an article for INR 6800/- and incurred a loss. Had he sold the article for INR 7850, his
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