Question

Selling an Object for ₹125 Incurs some profit. But if it is sold for ₹80 ,the loss incurred is twice the incurred profit . What is the Cost price of Object
Options Are- 1) 110 2) 550 3)205 4)700

Answer 1

1.) 110
Selling at 125 incurred 15 Rs of profit
But, selling at 80 incurred 30 Rs of loss
And also all the other options are higher than 125 which contains a profit that means the answer should be less than 125rs

Answer 2

Answer:110rs

Step-by-step explanation:

P =sp-cp

Let the cp be x

Sp=125 Cp=x

Loss is twice of profit

2(125-x) = (x-80)

250-2x=x-80

330=3x

x=110rs