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    Question

    The profit earned in selling an article for Rs.2540 is

    equal to the loss incurred in selling at Rs.1850. What is the cost price?
    A Rs.2020 Correct Answer Incorrect Answer
    B Rs.2095 Correct Answer Incorrect Answer
    C Rs.2195 Correct Answer Incorrect Answer
    D Rs.2010 Correct Answer Incorrect Answer

    Solution

    Let the cost price of the article be Rs. x According to the question 2540-x = x - 1850 2x = 2540 + 1850 2x = 4390 x = 4390/2 x = 2195 Cost price of the article = Rs. 2195 Short trick: Cost price of the article = (2540 + 1850)/2 = 4390/2 = Rs. 2195

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