Postal or Sorting Assistants Model Paper 1 With Solutions

Question : 13 of 100

Marks: +1, -0

Profit earned by selling an article of ₹1,520 is same as the loss incurred by selling the article for ₹ 1,210. What is the cost price of the article?

Solution:

Let the CP of the article be ₹x.
According to the question.
1520-x=x-1210
⇒

2x= 1520+ 1210 = 2730

⇒

x=2730/2=₹1365

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