Multiple Choice Questions

If percentage of profit made when an article is sold for Rs 78 is twice as when it is sold for Rs 69...........

Quantitative Aptitude (CGL) Profit and loss

If percentage of profit made,when an article is sold for Rs.78, is twice as when it is sold for Rs.69, the cost price of the article is

Rs. 49

Rs. 51

Rs. 57

Rs. 60

Suppose, the cost price = Rs. x;
(78 – x)/x = 2* (69 – x) /x;
78 –x = 2*(69 – x);
78 –x = 138 – 2x;
x = 138 – 78 = 60.

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