Question

The profit earned after selling an article for Rs.1,754 is the same as loss incurred after selling the article for Rs.1,492. What is the cost price of the article?

• A. Rs. 1,589
• B. Rs. 1,523
• C. Rs. 1,689
• D. Rs. 1,623

Answer 1

Answer:

D. Rs. 1,623

Let the cost price be = a 1754 - a = Profit a - 1492 = Loss 1754 - a = a - 1492 1754 + 1492 = 2a 3246 = 2a a = 3246/2 a = 1623