Question

the profit obtained by selling an article for Rs480 is twice the loss obtained by selling for Rs 300.what is cost price of article​

Answer 1

What is the cost price of the article - Here pofit is the twice the loss Profit = 2 Loss SP –CP = 2 (CP – SP) 480 –CP = 2(CP – 300) 3 CP

Answer 2

Answer:

Cost price= Rs. 360

Explanation:

(480-CP) = 2(CP-300)

480-CP = 2CP-600

3CP = 1080

CP = 360