If an article is sold at a 6 profit instead of a 6 loss the seller gets Rs 60 72 more Find the CP of...........

Quantitative Aptitude (MTS) Profit and loss

If an article is sold at a 6% profit instead of a 6% loss, the seller gets Rs 60.72 more. Find the CP of the article?

This questions was previously asked in

SSC MTS 11th July 2022 Shift-2

Rs506

Rs672

Rs572

Rs606

- Let's consider the cost price (CP) of the article as Rs X.

- If sold at a 6% profit, the selling price (SP) is 1.06X.

- If sold at a 6% loss, the SP is 0.94X.

- The difference in the selling price is given as Rs 60.72:

1.06X - 0.94X = 60.72

- Simplifying gives:

0.12X = 60.72

- Solving for X (CP):

X = \frac{60.72}{0.12} = 506

- With this, the correct CP is Rs 506.

- Option 1: Rs 506

So, the correct CP is Option 1.

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