Profit and Loss Practice Test 8

Profit and Loss same on an article = x
Sale price = Rs 575
Profit = x
CP = (575 - x) ......(1)
Sale price = Rs 385
Loss = x
CP = (358 + x) .......(2)
Equating equation (1) and (2)
515 - x = 385 + x
575 - 385 = 2 x
190 = 2 x
x = 95
So, cost price = 575 - 95 = Rs 480