Question

On selling a certain commodity for rs. 425, there is as much gain as loss on selling it for rs. 355. The

c.P. Of the commodity is

Answer 1

Answer:  The required cost price of the commodity is Rs. 390.

Step-by-step explanation:  Given that on selling a certain commodity is Rs. 425, there is as much gain as loss on selling it for Rs. 355.

We are to find the cost price of the commodity.

Let x represents the cost price of the commodity.

Then, according to the given information, we have

$425-x=x-355\\\\\Rightarrow x+x=425+355\\\\\Rightarrow 2x=780\\\\\Rightarrow x=\dfrac{780}{2}\\\\\Rightarrow x=390.$

Thus, the required cost price of the commodity is Rs. 390.