Multiple choice

The profit on selling an article for Rs.3460 is double of the profit on selling the same article for Rs.3280. Find the cost price of article. एक वस्तु को 3460 रूपये में बेचने पर हुआ लाभ उसी वस्तु को 3280 रूपये में बेचने पर हुए लाभ का दुगुना है तो वस्तु का क्रय मूल्य ज्ञात कीजिये ।

  1. 3000

  2. 3340

  3. 3100

  4. 2600

Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Let CP be cost price. Profit at Rs. 3460 equals twice the profit at Rs. 3280: (3460 - CP) = 2(3280 - CP). Solving: 3460 - CP = 6560 - 2CP, giving CP = 3100. At this CP, selling at Rs. 3460 gives profit of Rs. 360, and selling at Rs. 3280 gives profit of Rs. 180 - exactly double the relationship stated.