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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?

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Rs 530

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Rs 550

answer is A.

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Detailed Solution

It is given thee profit earned after selling an article for Rs. 625 is the same as loss incurred after selling the article for Rs. 435.
Let the C.P. be Rs x.
Then according to the question,

625 - x = x - 435

\Rightarrow 2 x = 625 + 435

\Rightarrow 2 x = 1060

\Rightarrow x = 530

Therefore, C.P.of the article =Rs. 530.
Hence, the correct option is (1) .

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