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Q.

Profit after selling a commodity for Rs. 425 is the same as the loss after selling it for Rs. 355.What is the cost of the commodity ?

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a

Rs. 390

b

Rs. 400

c

Rs. 385

d

Rs. 395

answer is B.

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Detailed Solution

Suppose that the cost of the item is Rs x

Profit after selling a commodity for Rs. 425 is the same as the loss after selling it for Rs. 355

Hence, 425-x=x-355

Separate the variables

2x=425+355 =780x=7802 =390

Therefore, the cost of the commodity is Rs 390

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