The profit earned after selling an article for ₹ 1754 is the same as loss incurred after selling the article… · ABC26GN2643

Subject: General Aptitude · Chapter: Profit and Loss · Exam: Bank P.O. 2009

The profit earned after selling an article for ₹ 1754 is the same as loss incurred after selling the article for ₹ 1492. What is the cost price of the article?

(a)₹ 1523

(b)₹ 1589

(c)₹ 1623

(d)₹ 1689

(e)None of these

Answer

Answer (as printed): C

Explanation

Let C.P. $=₹ x$. Then, $1754-x=x-1492$ $$\Rightarrow 2 x=3246 \Rightarrow x=1623 .$$

Explanation as extracted from the printed page; notation may be imperfect.

Study loop for Profit and Loss

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