Question

Profit by selling a commodity for ₹524 is the same as loss after selling it for ₹452. The cost price of the commodity is :
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Answer 1

Answer:

Let the CP be Rs. x. Then,

625−x=x−435

2x=1060

x=530

Therefore, CP=Rs.530

Answer 2

Answer:

Given that , First S.P. = Rs. 524 and Second S.P. = Rs. 452

Let the C.P. of article be Rs. y.

According to the question,

524 – y = y – 452

⇒ 2y = 524 + 452 = 976

⇒ y =

976

= Rs. 488