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Question 58
Profit after selling an article for Rs. 425 is the same as loss after selling it for Rs. 355. The cost of the article is :
Solution
Let C.P. = $$Rs. x$$
Case 1 : If S.P. = $$Rs. 425$$
=> Profit = $$S.P. - C.P. = (425 - x)$$
Case 2 : If S.P. = $$Rs. 355$$
=> Profit = $$C.P. - S.P. = (x - 355)$$
Acc. to ques, => $$425 - x = x - 355$$
=> $$2x = 425 + 355 = 780$$
=> $$x = \frac{780}{2} = Rs. 390$$
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