1.

The profit earned after selling an article for Rs. 2,154 is the same as loss incurred after selling the article for Rs. 1, 692. What is the cost price of the article?1). Rs. 1,9232). Rs. 1,7233). Rs. 1,6894). Rs. 1,889

Answer»

Let, x be the cost PRICE of the article

PROFIT earned after SELLING the article for Rs. 2,154 is = Rs. (2154 – x)

Again,

 Loss incurred after selling the article for Rs. 1,692 is = Rs. (x – 1692)

 ACCORDING to the question,

 2154 – x = x – 1692

⇒ 2x = 3846

⇒ x = 3846/2 = Rs. 1923


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