1. The profit earned after selling an article for Rs. 1,516 is the same as loss incurred after selling the article for Rs. 1,112. What is the cost price of the article ?
Write Comment
Comments
By: anil on 05 May 2019 01.42 am
Let C.P. = $$Rs. x$$ Case 1 : If S.P. = $$Rs. 1,516$$ => Profit = $$S.P. - C.P. = (1516 - x)$$ Case 2 : If S.P. = $$Rs. 1,112$$ => Profit = $$C.P. - S.P. = (x - 1112)$$ Acc. to ques, => $$1516 - x = x - 1112$$ => $$2x = 1516 + 1112 = 2628$$ => $$x = frac{2628}{2} = Rs. 1,314$$
Terms And Service:We do not guarantee the accuracy of available data ..We Provide Information On Public Data.. Please consult an expert before using this data for commercial or personal use