New RBI Grade B 2025 Notification will come Soon! Enroll Here

    Question

    The profit on selling an article for Rs.425 is the same

    as the loss on selling it for Rs.355, then the cost price of the article is
    A 410 Correct Answer Incorrect Answer
    B 380 Correct Answer Incorrect Answer
    C 400 Correct Answer Incorrect Answer
    D 390 Correct Answer Incorrect Answer

    Solution

    profit on selling an article for Rs.425 profit = SP - CP (cost price) profit = 425 – CP loss on selling it for Rs.355 loss = CP – SP loss = CP- 355 profit = loss 425 - CP = CP-355 loss = CP – SP loss = CP- 355 profit = loss 425 - CP = CP-355 425+355 = 2CP 2CP = 780 CP = Rs 390

    Practice Next