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

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