1. Profit after selling an article for 425 is the
same as loss after selling it for 355. The cost
of the article is
Answers
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Given:
An article with
- Profit after selling = Rs. 425
- Loss after selling = Rs. 355
What To Find:
We have to find the cost price of the article.
Solution:
We know that,
→ Rs. 425 (Profit) = Rs. 355 (Loss)
Let the CP of the article be Rs. x.
So now,
According to the given question,
The equation will be,
⇒ Profit - CP = CP - Loss
Substitute the values,
⇒ Rs. 425 - Rs. x = Rs. x - Rs. 355
Take x to RHS,
⇒ 425 = 355 + x + x
Add x and x,
⇒ 425 = 355 + 2x
Take 355 to LHS,
⇒ 425 + 355 = 2x
Add 355 and 425,
⇒ 780 = 2x
Take 2 to LHS,
⇒ 780/2 = x
Divide 780 by 2,
⇒ 390 = x
Final Answer:
∴ Therefore, the cost price of the article is Rs. 390.
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