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.85 then the profit incurred after selling the article in Rs.65. Find cost price of the article.

Options:

45

50

55

42

Correct Answer:

45

Explanation:

Profit after selling the article at Rs.85 = 85 - C.P.

Profit after selling the article at Rs.65 = 65 - C.P.

ATQ,

85 - C.P. = 2 × (65 - C.P.)  

85 - C.P. = 130 - 2 C.P.

C.P. = 45