The profit earned on selling an article for Rs.625 is the same as loss

1.	The profit earned on selling an article for Rs.625 is the same as loss on selling it for Rs.435. The cost price of the article is A. Rs. 520 B. Rs. 530 C. Rs. 540 D. Rs. 550
Answer» Let the CP be x. When Profit is earned CP = 625 – x When Loss is incurred CP = x – 435 According to question, 625 – x = x - 435 2 x = 625 + 435 2 x = 1060 x = Rs.530 So, Cost Price is Rs.530.

The profit earned on selling an article for Rs.625 is the same as loss on selling it for Rs.435. The cost price of the article is A. Rs. 520 B. Rs. 530 C. Rs. 540 D. Rs. 550

Answer»

Let the CP be x.

When Profit is earned CP = 625 – x

When Loss is incurred CP = x – 435

According to question,

625 – x = x - 435

2 x = 625 + 435 2

x = 1060

x = Rs.530

So, Cost Price is Rs.530.