The percentage profit earned by selling an article for 1920 is equal in the percentage loss curred by selling the same article for 1280. At what price (in ?) should the article be sold to make 25% profit? A faulty wall clock is known to gain 15 minutes every 24 hours. It is synchronized to the correct time at 9 AM on 14th August. What will be the correct time to the nearest minute when the clock shows 2 PM on 18th August of the same year?

The percentage profit earned by selling an article for 1920 is equal in the percentage loss curred by selling the same article for 1280. At what price (in ?) should the article be sold to make 25% profit? A faulty wall clock is known to gain 15 minutes every 24 hours. It is synchronized to the correct time at 9 AM on 14th August. What will be the correct time to the nearest minute when the clock shows 2 PM on 18th August of the same year?

Engineering Fundamentals: An Introduction to Engineering (MindTap Course List)

5th Edition

ISBN:9781305084766

Author:Saeed Moaveni

Publisher:Saeed Moaveni

Chapter20: Engineering Economics

Section: Chapter Questions

Problem 25P

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