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10. Profit and Loss
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Q16 of 94 Page 140

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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Questions · 94
10. Profit and Loss
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