Profit and loss

Quantitative Aptitude (CGL)

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The profit earned after selling an article for Rs.675 is twice the loss incurred after selling the article for Rs.435. What is the cost price of the article?

Rs480

Rs495

Rs515

Rs610

Explanation:

Solution:
Let ‘x’ be the CP of the article.
675-x = 2(x-435)
675-x = 2x-870
675+870 = 3x
x=1545/3
=Rs.515.

By: Pranav Gupta

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