Multiple Choice Questions on The profit earned after selling an article for Rs 675 is twice the loss incurred after selling the a........... for Mathematics - All Exams Preparation

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Multiple Choice Questions

The profit earned after selling an article for Rs 675 is twice the loss incurred after selling the a...........

Quantitative Aptitude ( CCS) Profit and loss
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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
    Incorrect Answer
    Rs495
    Incorrect Answer
    Rs515
    Correct Answer

    Rs610

    Incorrect Answer
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    Explanation:

    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.

    Hence, option 3 is the correct answer.

    By: Amit Kumar
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