The profit earned by selling an article for $ 832 is equal to the loss incurred when the same article is sold for $ 448. What should be the sale price for making 40% profit? Choose the correct choice from the following answers.
A) $480 B) $450 C) $896 D) $870 E) $660
Let C.P. = $ x.   Then, 832 - x = x - 448   2x = 1280 =&gt; x = 640   Required S.P. = 140% of $ 640 = $ 896.   $896
<result>C</result>
The profit earned by selling an article for $ 832 is equal to the loss incurred when the same article is sold for $ 448. What should be the sale price for making 40% profit?