Question

The profit obtained by selling an article for Rs. 56 is the same as the
loss obtained by selling it for Rs. 42. What is the cost price of the
article?

Answer 1

Answer:

CP=49

When SP=56, Profit=x

When SP=42, Loss=x

Therefore,

56-x=42+x

=>x+x=56-42

=>2x=14

=>x=7

Then CP=56-7=49

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Answer 2

Answer:

selling price-56

profit-x

selling price-42

loss-x

so,

56_x=42+x

56_42=x+x

14=2x

14/2=x

x=7

cost price=49

Step-by-step explanation