The profit earned on selling an article for Rs.625 is the same as loss on selling it for Rs.435. The cost price of the article is
Let the CP be x.
When Profit is earned CP = 625 – x
When Loss is incurred CP = × – 435
According to question,
625 – × = x- 435
2 × = 625 + 435
2 × = 1060
× = Rs.530
So, Cost Price is Rs.530.
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