Selling an article for Rs. 832 yields a profit equal to the loss from selling it at Rs. 448. What selling price achieves a 50% profit?
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Answer: B. Rs. 960
Explanation
The cost price is found by taking the average of the two given selling prices. Averaging eight hundred thirty two and four hundred forty eight yields a cost price of six hundred forty. Multiplying the cost price by one point five achieves the desired fifty percent profit selling price. When a profit equals a loss at two different selling prices, the cost price is their exact midpoint. Profit margins are calculated by adding the percentage markup to the established cost price. Basic arithmetic averaging isolates the true cost price from symmetrical gain and loss figures.
Merchants use cost averaging and markup calculations to set profitable retail selling prices. Trading analysis requires determining baseline acquisition costs from varied transaction prices. Commercial math problems simulate real world wholesale and retail pricing decisions. Option a suggests nine hundred twenty currency units which underestimates the required fifty percent profit. Option c proposes ten hundred sixty currency units due to an arithmetic calculation error. Option d overestimates the target selling price by twelve hundred currency units.
- Subject
- Mathematics
- Category
- Mathematics
- Topic
- —
- Difficulty
- medium
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