The profit (in Rs.) after selling an article for Rs. 524 is the same as the loss (in Rs.) after selling it for Rs. 452. The cost price of the article is:

Let the cost price be x; the profit at a selling price of 524 is (524 minus x), and the loss at a selling price of 452 is (x minus 452). Setting these equal gives 524 minus x equals x minus 452. Combining terms gives 976 equals 2x, so x equals 488.

• Thanks
• Wrong explanation