WBCS.LIVE practice question

The profit earned after selling an article for Rs.625 is the same as the loss incurred after selling the article for Rs.435. What is the cost price of the article?

Solve this multiple-choice question and check the correct answer with its explanation below.

Answer options

  1. Rs.520
  2. Rs.530
  3. Rs.540
  4. Rs.550

Correct answer and explanation

Correct answer: Rs.530