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Multiple choice

If the profit on selling an article for Rs. 425 is the same as the loss on selling it for Rs. 355, then the cost price of the article is

  1. 410

  2. 380

  3. 400

  4. 390

  5. 0

Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Let CP be x. Profit = 425 - x. Loss = x - 355. Since profit = loss, 425 - x = x - 355. 2x = 780, so x = 390.

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