Profit and Loss Practice Test 5

Question : 35 of 40

Marks: +1, -0

Find the cost price of an article if the profit per cent made when an article is sold for Rs 104 is thrice as when it is sold for Rs 78.

Rs 56
Rs 65
Rs 93
Rs 39
Rs 117

Validate

Solution:

Let CP = 100 and profit per cent = 20%
Then SP = Rs 120
If profit per cent is 3 time is 60% of the SP = Rs 160
Difference in both SP is 160 - 120 = Rs 40
But actual difference = 104 - 78 = Rs 26
If difference is Rs 40, then CP = Rs 100
If difference is Rs 26, then CP

=\Rs 100/400 ×26=\Rs 65

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