Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Profit and Loss

Question:

A shopkeeper earns twice profit after selling an article in Rs 78 then the profit incurred after selling the article in ₹69. Find cost price of the article.

Options:

₹65

₹60

₹72

₹75

Correct Answer:

₹60

Explanation:

Profit after selling the article at Rs.78 = 78 - C.P.

Profit after selling the article at Rs.69 = 69 - C.P.

ATQ,

78 - C.P. = 2 × (69 - C.P.)  

78 - C.P. = 138 - 2 C.P.

C.P. = 60