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    Question

    A sold an article at 35% profit. If the profit earned

    had been 260% more, then the profit percentage would have been numerically equal to CP. Find the actual cost price of the article.
    A Rs. 120 Correct Answer Incorrect Answer
    B Rs. 156 Correct Answer Incorrect Answer
    C Rs. 126 Correct Answer Incorrect Answer
    D Rs. 116 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. 135x Therefore, profit earned = 135x – 100x = Rs. 35x New profit = 3.6 × 35x = Rs. 126x According to the question, (126x/100x) × 100 = 100x Or, x = 1.26 Therefore, actual cost price = 100x = Rs. 126

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