The percentage of profit when an article is sold for Rs. 78 is twice than when it is sold for Rs. 69. The cost price of the article is: MCQ with Answer and Explanation

Question

The percentage of profit when an article is sold for Rs. 78 is twice than when it is sold for Rs. 69. The cost price of the article is:

A. Rs. 51

B. Rs. 49

C. Rs. 60

D. Rs. 57

Answer: Option C

Solution (By JKSSB Mock Tests)

Let CP = x. Profit at 78 = 78 - x. Profit at 69 = 69 - x. Given: 78 - x = 2(69 - x). 78 - x = 138 - 2x. x = 138 - 78 = 60.

This question belongs to: Maths Profit And Loss

Request complete Subject PDF

Discuss this Question (0)

No comments yet. Be the first to start the discussion!

Practice More Profit And Loss Questions

Question #1

Share Report

A trader sold a bicycle at a profit of 10%. Had he bought it at 10% less and sold it for Rs. 12 more, he would have gained 25%. Find the cost price.

A. Rs. 480

B. Rs. 600

C. Rs. 400

D. Rs. 500

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option A

Explanation:
Let CP = 100x. Initial SP = 110x. New CP = 90x. New SP = 110x + 12. New profit is 25% on 90x = 22.5x. New SP = 90x + 22.5x = 112.5x. 112.5x - 110x = 12. 2.5x = 12. x = 4.8. CP = 100 * 4.8 = Rs. 480.

This question belongs to: Maths Profit And Loss

Question #2

Share Report

A person bought a watch for Rs. 2000 and sold it for Rs. 1600. What is the loss percentage?

A. 15%

B. 25%

C. 30%

D. 20%

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option D

Explanation:
Loss = 400, loss% = (400/2000)*100 = 20%.

This question belongs to: Maths Profit And Loss

Question #3

Share Report

If the selling price of an article is Rs. 336 and the profit is 12%, find the cost price.

A. Rs. 300

B. Rs. 310

C. Rs. 290

D. Rs. 320

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option A

Explanation:
CP = 336 / 1.12 = 300.

This question belongs to: Maths Profit And Loss

Explore All Profit And Loss MCQs