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An article is sold at a certain price. I...

An article is sold at a certain price. If it is sold at half of the previous selling price, then there is a loss of 25 `1/2`%. The profit after selling the article at the previous selling price is:

A

0.51

B

0.49

C

12 `3/4` %

D

24 `1/2` %

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The correct Answer is:
To solve the problem step by step, we will follow the reasoning presented in the video transcript. ### Step 1: Assume the Cost Price (CP) Let's assume the Cost Price (CP) of the article is Rs 100. **Hint:** Start by assuming a simple value for CP to make calculations easier. ### Step 2: Define the Selling Price (SP) Let the Selling Price (SP) of the article be Rs x. **Hint:** Use a variable (x) to represent the unknown SP. ### Step 3: Understand the Loss Condition According to the problem, if the article is sold at half of the previous selling price (which is x/2), there is a loss of 25.5% (which can be expressed as 25 1/2% or 51/2%). **Hint:** Remember that a loss percentage indicates that the selling price is less than the cost price. ### Step 4: Set Up the Loss Equation The formula for loss percentage is given by: \[ \text{Loss Percentage} = \frac{\text{CP} - \text{SP}}{\text{CP}} \times 100 \] Substituting the values we have: \[ 25.5 = \frac{100 - \frac{x}{2}}{100} \times 100 \] **Hint:** Rearranging the loss percentage formula will help you find the relationship between CP and SP. ### Step 5: Simplify the Equation We can simplify the equation: \[ 25.5 = 100 - \frac{x}{2} \] Rearranging gives: \[ \frac{x}{2} = 100 - 25.5 \] \[ \frac{x}{2} = 74.5 \] Multiplying both sides by 2: \[ x = 149 \] **Hint:** Isolate the variable x to find the selling price. ### Step 6: Calculate the Profit Percentage Now that we have the Selling Price (SP) as Rs 149, we can calculate the profit percentage using the formula: \[ \text{Profit Percentage} = \frac{\text{SP} - \text{CP}}{\text{CP}} \times 100 \] Substituting the values: \[ \text{Profit Percentage} = \frac{149 - 100}{100} \times 100 \] \[ \text{Profit Percentage} = \frac{49}{100} \times 100 = 49\% \] **Hint:** Use the profit formula to find out how much profit you made compared to the cost price. ### Final Answer The profit after selling the article at the previous selling price is **49%**. ---
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