Q. The profit earned after selling an article for ₹ 625 is same as the loss incurred after selling the article for ₹ 435. The cost price of the article is
✅ Correct Answer: (B)
₹ 530
Explanation: Let CP = x
According to the question,
625 - x = x - 435
⇒ 2x = 1060
⇒ x = 1060/2 = ₹ 530
Explanation by: Yashika
Let CP = x
According to the question,
625 - x = x - 435
⇒ 2x = 1060
⇒ x = 1060/2 = ₹ 530
According to the question,
625 - x = x - 435
⇒ 2x = 1060
⇒ x = 1060/2 = ₹ 530