Question

The profit earned after selling an article for Rs. $1,754$ is the same as the loss incurred after selling the article for Rs. $1,492$. What is the code price article?

• A. $1,623$
• B. $1,523$
• C. $1,689$
• D. $1,589$
• E. None of these

Answer 1

Answer: (A)

$1,623$

Let the cost price of the article be Rs.$x$.

Then, $x-1492=1754-x\Rightarrow 2x=1754+1492$

$\Rightarrow 2x=$Rs$3246$

$\Rightarrow x=$Rs$\frac{3246}{2}=$Rs$1623$