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    Question

    A sold an article at 22% profit. If the profit earned

    had been 200% more, then the profit percentage would have been numerically equal to CP. Find the actual cost price of the article.
    A Rs. 66 Correct Answer Incorrect Answer
    B Rs. 60 Correct Answer Incorrect Answer
    C Rs. 80 Correct Answer Incorrect Answer
    D Rs. 92 Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Let the cost price of the article be Rs. 100x Therefore, selling price of article = Rs. 122x Therefore, profit earned = 122x – 100x = Rs. 22x New profit = 3 × 22x = Rs. 66x According to the question, (66x/100x) × 100 = 100x Or, x = 0.66 Therefore, actual cost price = 100x = Rs. 66

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