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In the land of the famous milkman Merghese Durian, a milkman sells his buffalo for Rs. 720 at some profit. Had he sold his buffalo at Rs. 510, the quantum of the loss incurred would have been double that of the profit earned. What is the cost price?

Option 1)
Rs 615
Option 2)
Rs 625
Option 3)
Rs 675
Option 4)
None of these
Option 5)
Rs. 600

Answers (1)

best_answer

SP = 720

New SP = 510

Difference = 720 - 510

Now P : L = 1 : 2

P = $200\times \left ( \frac{1}{3} \right )=700$

Then CP = 720 - 70 = 650

Posted by

rishi.raj

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