Question : If the profit from selling an article for Rs. 425 is the same as the loss from selling it for Rs. 355, then the cost price of the article is:
Option 1: Rs. 410
Option 2: Rs. 380
Option 3: Rs. 400
Option 4: Rs. 390
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Correct Answer: Rs. 390
Solution : Let the cost price of the article be Rs. x. According to the given information, Profit = loss ⇒ 425 – x = x – 355 ⇒ x + x = 425 + 355 ⇒ 2x = 780 $\therefore$ x = 390 Hence, the correct answer is Rs. 390.
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Question : The profit (in Rs.) after selling an article for Rs. 524 is the same as the loss (in Rs.) after selling it for Rs. 452. The cost price of the article is:
Option 1: Rs. 480
Option 2: Rs. 485
Option 3: Rs. 488
Option 4: Rs. 500
Question : The percentage profit earned by selling an article for Rs. 2,000 is the same as the percentage loss incurred by selling the same article for Rs. 1,200. At what price should that article be sold to make a profit of 20%?
Option 1: 2,000
Option 2: 1,800
Option 3: 1,920
Option 4: 1,840
Question : The profit obtained by selling an article for Rs. 625 is the same as the loss incurred if it is sold for Rs. 545. The price at which it is to be sold to realize a profit of Rs. 65 on the cost price is:
Option 1: Rs. 640
Option 2: Rs. 630
Option 3: Rs. 650
Option 4: Rs. 660
Question : An article is sold at a 25% loss. If its cost price is doubled and the selling price is increased by INR 660, then there is a profit of 20%. What is the original cost price of the article?
Option 1: INR 480
Option 2: INR 500
Option 3: INR 400
Option 4: INR 360
Question : A dealer is selling an article at a discount of 5% on the marked price. If the marked price is 12% above the cost price and the article was sold for Rs. 532, then the cost price is (in Rs.):
Option 1: 500
Option 2: 525
Option 3: 505
Option 4: 520
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