Multiple choice general knowledge math & puzzles

If an article cost 50% of its selling price there was a profit of Rs60. What was the selling price?

  1. 125

  2. 120

  3. 140

  4. 200
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Let the selling price be x. Then cost price = 0.5x (50% of SP). Profit = SP - CP = x - 0.5x = 0.5x. We know profit = Rs 60, so 0.5x = 60, which means x = 120. Therefore the selling price is Rs 120. We can verify: if SP = 120, then CP = 60 (50% of 120), and profit = 120 - 60 = 60, which matches the given condition.

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