The proﬁt earned on the item sold at the rate of 2720 rupees, is 11% more than the loss on the same item when sold at the rate of Rs. 1,243. Find the purchase price of the item.

The proﬁt earned on the item sold at the rate of 2720 rupees, is 11%

1.	The proﬁt earned on the item sold at the rate of 2720 rupees, is 11% more than the loss on the same item when sold at the rate of Rs. 1,243. Find the purchase price of the item.
A.	Rs. 1193
B.	Rs. 1943
C.	Rs. 1843
D.	Rs. 1834
Answer» C. Rs. 1843