The profit obtained by selling an article for rs 56 is same as the loss obtained by selling it for rs 42. What is its
c.P.
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Answer:
Rs.49
Step-by-step explanation:
Let the Cost price be x
The profit obtained by selling an article for rs 56
Profit = SP-CP
Profit = 56-x
The loss obtained by selling it for rs 42.
Loss = CP-SP
Loss = x -42
Since we are given that The profit obtained by selling an article for rs 56 is same as the loss obtained by selling it for rs 42.
So,
Hence the cost price is Rs.49
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