There is some loss if an article is sold at Rs. 120 . There is same amount of profit if the article is sold for Rs. 140 . What is the cost price of th - Quantitative Aptitude MCQ Competitive Exams Practice Paper 2026 | ExamTest.live

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There is some loss if an article is sold at Rs. 120 . There is same amount of profit if the article is sold for Rs. 140 . What is the cost price of the article?

Solution & Step-by-step Explanation

Let the cost price of the article be CP . According to the question, the loss at Rs. 120 equals the profit at Rs. 140 : Loss = CP - 120 Profit = 140 - CP Given that Loss = Profit : CP - 120 = 140 - CP 2 \times CP = 140 + 120 2 \times CP = 260 CP = \frac{260}{2} = 130 Thus, the cost price of the article is Rs. 130 .

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There is some loss if an article is sold at Rs. 120 . There is same amount of profit if the article is sold for Rs. 140 . What is the cost price of the article?

Rs.120

Rs.150

Rs.130

Rs.160

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