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      Question

      The profit earned after selling an article for Rs.1643

      is the same as loss incurred after selling the article for Rs.1121. What is the cost price of the article?
      A 1364 Correct Answer Incorrect Answer
      B 1382 Correct Answer Incorrect Answer
      C 1339 Correct Answer Incorrect Answer
      D 1314 Correct Answer Incorrect Answer

      Solution

      Let CP = Rs. x Profit = Rs. y Therefore, x + y = SP => x + y = 1643 ----- (i) When SP = Rs. 1121, the loss = Rs. y Therefore, x тАУ y = 1121 ------- (ii) Solving both the equation, we get => 2x = 2764 => x = Rs. 1382

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