Question

The profit earned on selling an article for Rs. 625 is the same as loss on selling it for Rs. 435. The cost price of the article is

(a) Rs. 520

(b) Rs. 530

(c) Rs. 540

(d) Rs. 550

Answer 1

Answer : (b)

Gain % SP of Rs. 625 = Loss on SP of Rs. 435

CP of an article = x

Then 625 - x = x - 435

$\Rightarrow 2x=435+625=1060\therefore x=\frac{1060}{2}=530\therefore CP=Rs.530$