Multiple Choice Questions on An article when sold for Rs 840 earns a profit which is double the amount of loss when the sam........... for Mathematics - All Exams Preparation

Profit and loss

Quantitative Aptitude ( CCS)

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Indian Economy - Understanding the basics of Indian economic system

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     An article when sold for Rs.840 earns a profit which is double the amount of loss, when the same article is sold for Rs. 600. What is the C.P. of the article?

    Rs. 500

    Incorrect Answer

    Rs. 680

    Correct Answer

    Rs. 720

    Incorrect Answer

    Rs. 750

    Incorrect Answer
    Explanation:

    Let the C.P be 'x'.

    A.T.Q:-

    (840 - x) = 2(x - 600)

    840 - x = 2x - 1200

    3x = 2040

    x = 680 Rs.


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