The profit made by selling an article for ₹13,400 is equal to the amount of loss incurred on selling the same article at ₹11,600. What will be the profit (in ₹) if it is sold for ₹14,750? |
2,000 2,520 2,500 2,250 |
2,250 |
First selling price = 13,400 Second selling price = 11600 The cost price = \(\frac{First\; selling \; price + Second \; selling \; price}{2}\) = \(\frac{13,400 + 11600}{2}\) = 12500 The new selling price = 14,750 Profit = 14,750 - 12500 = 2,250 |