Practicing Success
When an article is sold for ₹115, the profit is twice as much as when it is sold for ₹95. The cost price of the article is |
₹65 ₹75 ₹85 ₹90 |
₹75 |
When Selling price = 115 , Let cost price of article = A Profit = 115 - A When Selling price = 95 Profit =95 - A According to the information given, 115 - A = 2(95 - A) 115 - A = 190 - 2A 115 + A = 190 A = 190 - 115 A = 75 So, the cost price of the article is ₹75. |