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Aptitude · Q156

Profit And Loss

Competitive Exams · Aptitude · question 156

Q156

The profit earned after selling an article for Rs. 1754 is the same as loss incurred after selling the article for Rs. 1492. What is the cost price of the article?

A.
Rs. 1523
B.
Rs. 1589
C.
Rs. 1623
Answer
D.
Rs. 1689
E.
None of these

Answer: Option C

Solution

Answer: Option C
Solution:
Let C.P. = Rs. x
Then, 1754 - x = x - 1492
⇒ 2x = 3246
⇒ x = 1623