The profit earned by selling an article for 892 is equal to the loss incurred when the same article is sold for 448. What should be the sale price of the article for making 50 per cent profit? Choose the correct option: A) 960 B) 1005 C) 1,200 D) 920 E) None of these
Let the profit or loss be x   and 892 – x = 448 + x or, x = 444⁄2 = 222   \ Cost price of the article = 892 – x = 448 + x = 670   \ SP of the article = 670 × 150⁄100 = 1005   Answer 1005
<result>B</result>
The profit earned by selling an article for 892 is equal to the loss incurred when the same article is sold for 448. What should be the sale price of the article for making 50 per cent profit?