Question

The profit earned after selling an article for Rs. 878 is the same as the loss incurred after selling the article for Rs. 636.
What is the cost price of the article?

• A. Rs. 797
• B. Rs. 787
• C. Rs. 767
• D. Rs. 757
• E. None of these

Answer 1

The correct option is D Rs. 757

Let the C.P. of the article be Rs. x.
According to the question,
878 - x = x - 636
$\Rightarrow$ 2x = 878 + 636 = 1514
$\Rightarrow x=\frac{1514}{2}=Rs.757$