A shopkeeper sells an article for Rs 78 and earns double the profit that he would have earned on selling this article for Rs 69. Find the Cost Price of this article. |
62 61.5 55.5 60 |
60 |
According to the question, SP1 - CP1 = 2(SP2 - CP1) 78 - CP1 = 2(69 - CP1) 78 - CP1 = 138 - 2CP1 CP1 = 60 |