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The profit earned after selling an article for Rs 625 is the same as the loss incurred after selling the article for Rs 435. What is the cost price of the article?
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- The Cost price of the article is Rs.530
Let the profit/loss be Rs.x
Then the Cost price is(given the SP is Rs.625)=625-x
and, the cost price is(given the SP is Rs.435)=435+x
Now, 625+x=435+x
Solve for x, =95
Now the cost is :(625-95)=(435+95) - 12 years agoHelpfull: Yes(6) No(2)
- If cost price is x
profit = 625-x
loss = x-435
since, profit = loss
so cost price (x) = Rs 530. - 12 years agoHelpfull: Yes(6) No(1)
- Cost price of the article :: x
loss /profit price of the article :: y
x+y =625
x-y =435
2x = 1060, x=530, y=95
cost price = 530 - 12 years agoHelpfull: Yes(2) No(1)
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