NIACL Model Paper 3 with solutions for free online practice

Question : 28 of 100

Marks: +1, -0

The profit earned after selling a pair of shoes for ₹2,033 is the same as loss incurred after selling the same pair of shoes for X 1,063. What is the cost of the shoes?

₹1,650
₹ 1,548
₹ 1,532
Cannot be determined
None of these

Validate

Solution:

Le the CP of the shoes be ₹ x.
∴

2033-x=x-1063

⇒

2x=2033+1063 = 3096

⇒

x =3096/2=₹1548

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