Q. The profit earned after selling an article for Rs. 1754 is the same as loss incurred after selling the article for Rs. 1492. What is the cost price of the article?

  • (A) Rs. 1523
  • (B) Rs. 1589
  • (C) Rs. 1623
  • (D) Rs. 1689
βœ… Correct Answer: (C) Rs. 1623
Explanation: Let C.P. = Rs. x
Then, 1754 - x = x - 1492
⇒ 2x = 3246
⇒ x = 1623
Explanation by: Uday Singh
Let C.P. = Rs. x
Then, 1754 - x = x - 1492
⇒ 2x = 3246
⇒ x = 1623

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