{"id":153185,"date":"2023-07-28T13:40:51","date_gmt":"2023-07-28T08:10:51","guid":{"rendered":"https:\/\/www.gkseries.com\/blog\/?p=153185"},"modified":"2023-07-28T13:40:52","modified_gmt":"2023-07-28T08:10:52","slug":"by-selling-an-object-for-rs-900-a-man-earns-a-profit-that-is-double-the-loss-incurred-when-the-object-is-sold-for-rs-450-if-he-sells-it-at-a-profit-of-20-find-the-selling-price-of-this-object","status":"publish","type":"post","link":"https:\/\/www.gkseries.com\/blog\/by-selling-an-object-for-rs-900-a-man-earns-a-profit-that-is-double-the-loss-incurred-when-the-object-is-sold-for-rs-450-if-he-sells-it-at-a-profit-of-20-find-the-selling-price-of-this-object\/","title":{"rendered":"By selling an object for Rs 900, a man earns a profit that is double the loss incurred when the object is sold for Rs 450. If he sells it at a profit of 20%, find the selling price of this object."},"content":{"rendered":"\n<figure class=\"wp-block-table\"><table><tbody><tr><td>Question<\/td><td colspan=\"2\">By selling an object for Rs 900, a man earns a profit that is double the loss incurred when the object is sold for Rs 450. If he sells it at a profit of 20%, find the selling price of this object.<\/td><\/tr><tr><td>Type<\/td><td colspan=\"2\">multiple_choice<\/td><\/tr><tr><td>Option<\/td><td>620<\/td><td>incorrect<\/td><\/tr><tr><td>Option<\/td><td>618<\/td><td>incorrect<\/td><\/tr><tr><td>Option<\/td><td>554<\/td><td>incorrect<\/td><\/tr><tr><td>Option<\/td><td>None of these<\/td><td>correct<\/td><\/tr><tr><td>Solution<\/td><td colspan=\"2\">Apply formula:<br> Profit = selling price &#8211; cost price<br>Loss = cost price &#8211; selling price&lt; <br>ATQ, Man earns a profit that is double the loss incurred when the object is sold for Rs 450. <br>Profit% = 2 (loss %) <br>S.P &#8211; C.P = 2* (C.P &#8211; S.P) <br>Let C.P = x <br>900 &#8211; x = 2* ( x- 450)<br>900 &#8211; x = 2x &#8211; 900<br>3x = 1800<br>x=600<br>That means C.P = 600<br>He earns a profit of 20% on selling the article. <br>To calculate S.P apply the formula: <br>S.P = [(100 + profit %) \/ 100] * C.P <br>S.P = [(100+20)\/ 100] * 600<br>S.P = 120 * 6 = 720<\/td><\/tr><\/tbody><\/table><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>Question By selling an object for Rs 900, a man earns a profit that is double the loss incurred when the object is sold for Rs 450. If he sells it at a profit of 20%, find the selling price of this object. Type multiple_choice Option 620 incorrect Option 618 incorrect Option 554 incorrect Option [&hellip;]<\/p>\n","protected":false},"author":984,"featured_media":153186,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5138],"tags":[5139],"offerexpiration":[],"class_list":["post-153185","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\/153185","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=153185"}],"version-history":[{"count":1,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/153185\/revisions"}],"predecessor-version":[{"id":153187,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/153185\/revisions\/153187"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/media\/153186"}],"wp:attachment":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/media?parent=153185"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/categories?post=153185"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/tags?post=153185"},{"taxonomy":"offerexpiration","embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/offerexpiration?post=153185"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}