NIACL Model Paper 2 with solutions for free online practice

Question : 22 of 100

Marks: +1, -0

Profit earned by selling an article of ₹1,450 is same as the loss incurred by selling the article for ₹ 1,280. What is the cost price of the article?

Solution:

(d) Let the CP of the article be ₹ x.
According to the question,
1450-x=x-1280
=>

2x= 1450+1280 = 2730

⇒

x=2730/2=₹1365

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