The proflt earned after selling an article for Rs. 1,516 is the same as loss incurred afterselling the article for Rs. 1,112. What is thecost price of the article ?

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BANK PO Exam (Oriental Bank of Commerce) 2008 click here to view all questions

The proflt earned after selling an article for Rs. 1,516 is the same as loss incurred afterselling the article for Rs. 1,112. What is thecost price of the article ?

A Rs. 1,314

BRs. 1,343

CRs. 1,414

DRs. 1,434

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Correct anser is:  Rs. 1,314 Explanation: Let the cost price of the artice be Rs. x. According to the question, 1516 - x = x - 1112 $\implies$ 2x = 1516 + 1112 = 2628 $\implies x= \frac{2628}{2} = Rs. 1314$ Nithin ? answered Jul 31 '2022 at 19:49 All Comments

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