Question

The profit obtained by selling an articles for rs 425 is same as the loss when it sold for rs 355 find the cp

Answer 1

Sp1 =425

so let profit be x

sp2 =355

so let Loss be x(since profit in first case is equal to loss in second case)

selling price- profit = cost price

selling price + loss = cost price

therefore

sp-p=sp+l

425-x=355+x

425-355=2x

70=2x

x=70/2=35

therefore cp = 425-35 or 355+35=390