Question

The profit earned after selling an article for Rs. 625 is the same as loss incurred after selling the article for Rs. 435. What is the cost price of the article ?
(A) Rs. 530
(B) Rs. 520
(C) Rs. 540
(D) Rs. 550
(E) None of these

Answer 1

Profit = SP-CP
=625-CP

LOSS = CP-SP
= CP-435

Equate both the equations .
625-CP = CP-435
625 + 435 = 2CP
1060 = 2CP
CP = 1060/2
ANSWER = 530

Answer 2

Answer:

Option A - Rs.530

Step-by-step explanation:

Given : The profit earned after selling an article for Rs. 625 is the same as loss incurred after selling the article for Rs. 435.

To find : What is the cost price of the article ?

Solution :

Let the cost price be 'x'.

According to the question,

The profit earned after selling an article for Rs. 625 is the same as loss incurred after selling the article for Rs. 435.

$625 - x = x - 435$

$2x=1060$

$x=\frac{1060}{2}$

$x=530$

Therefore, The cost price of the article be Rs.530.

So, Option A is correct.