The loss incurred by selling the lemon set for ₹1,280 is equal to the profit earned by selling it for ₹1,920. At what price should the lemon set be sold to make 25% profit?

₹2,000
₹1,900
₹2,100
₹2,150

Correct answer: ₹2,000

Solution

If the loss at ₹1280 equals the profit at ₹1920, then the cost price is the average of the two selling prices: ₹1600. For 25% profit, the selling price should be $1600\times1.25=2000$.

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