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?
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Correct Answer: (C)
Rs. 1623
Explanation: Let C.P. = Rs. x
Then, 1754 - x = x - 1492
⇒ 2x = 3246
⇒ x = 1623
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
Then, 1754 - x = x - 1492
⇒ 2x = 3246
⇒ x = 1623