{"id":153182,"date":"2023-07-28T13:38:17","date_gmt":"2023-07-28T08:08:17","guid":{"rendered":"https:\/\/www.gkseries.com\/blog\/?p=153182"},"modified":"2023-07-28T13:38:18","modified_gmt":"2023-07-28T08:08:18","slug":"a-shopkeeper-sells-an-article-for-rs-78-and-earns-double-the-profit-that-he-would-have-earned-on-selling-this-article-for-rs-69-find-the-c-p-of-this-article","status":"publish","type":"post","link":"https:\/\/www.gkseries.com\/blog\/a-shopkeeper-sells-an-article-for-rs-78-and-earns-double-the-profit-that-he-would-have-earned-on-selling-this-article-for-rs-69-find-the-c-p-of-this-article\/","title":{"rendered":"A shopkeeper sells an article for Rs 78 and earns double the profit that he would have earned on selling this article for Rs 69. Find the C.P of this article."},"content":{"rendered":"\n<figure class=\"wp-block-table\"><table><tbody><tr><td>Question<\/td><td colspan=\"2\">A shopkeeper sells an article for Rs 78 and earns double the profit that he would have earned on selling this article for Rs 69. Find the C.P of this article.<\/td><\/tr><tr><td>Type<\/td><td colspan=\"2\">multiple_choice<\/td><\/tr><tr><td>Option<\/td><td>62<\/td><td>incorrect<\/td><\/tr><tr><td>Option<\/td><td>61.5<\/td><td>incorrect<\/td><\/tr><tr><td>Option<\/td><td>55.5<\/td><td>incorrect<\/td><\/tr><tr><td>Option<\/td><td>60<\/td><td>correct<\/td><\/tr><tr><td>Solution<\/td><td colspan=\"2\">Apply formula: <br>Profit = S.P &#8211; C.P <br>ATQ, the shopkeeper earns the double profit that he would have earned had he sold it for Rs 69. <br>Profit% = 2 (profit %) <br>S.P &#8211; C.P = 2* (S.P &#8211; C.P) <br>Let C.P = x <br>78 &#8211; x = 2 * (69 &#8211; x)<br>78- x= 138 &#8211; 2x<br>x= 138 &#8211; 78<br>x= 60 Hence, the cost price of the article = 60.<\/td><\/tr><\/tbody><\/table><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>Question A shopkeeper sells an article for Rs 78 and earns double the profit that he would have earned on selling this article for Rs 69. Find the C.P of this article. Type multiple_choice Option 62 incorrect Option 61.5 incorrect Option 55.5 incorrect Option 60 correct Solution Apply formula: Profit = S.P &#8211; C.P ATQ, [&hellip;]<\/p>\n","protected":false},"author":984,"featured_media":153183,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5138],"tags":[5139],"offerexpiration":[],"class_list":["post-153182","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-quantitative-aptitude","tag-quantitative-aptitude"],"_links":{"self":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/153182","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/users\/984"}],"replies":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/comments?post=153182"}],"version-history":[{"count":1,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/153182\/revisions"}],"predecessor-version":[{"id":153184,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/153182\/revisions\/153184"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/media\/153183"}],"wp:attachment":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/media?parent=153182"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/categories?post=153182"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/tags?post=153182"},{"taxonomy":"offerexpiration","embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/offerexpiration?post=153182"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}