Multiple Choice Questions on A man sold an article for Rs 85 and lost something Had he sold it for Rs 97 his gain would have been........... for Mathematics - All Exams Preparation

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Multiple Choice Questions

A man sold an article for Rs 85 and lost something Had he sold it for Rs 97 his gain would have been...........

Quantitative Aptitude ( CCS) Profit and loss
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    A man sold an article for Rs.85 and lost something. Had he sold it for Rs. 97, his gain would have been double the former loss. The C.P. of the article is ?

    Rs87

    Incorrect Answer

    Rs90

    Incorrect Answer

    Rs89

    Correct Answer

    Rs92

    Incorrect Answer
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    Explanation:

    Solution:
    Let the loss be Rs. x
    Then 85 = C.P. – x
    and 97 = C.P. + 2x
    On subtracting we get,
    3x = 12
    x = 4
    C.P. = 85 + 4 = Rs. 89.

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