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The profit earned on selling an article ...

The profit earned on selling an article for Rs.625 is the same as loss on selling it for R.435. The cost price of the article is.

A

Rs.520

B

Rs.530

C

Rs.540

D

Rs.550

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The correct Answer is:
To find the cost price of the article, we can follow these steps: ### Step 1: Define the variables Let the cost price of the article be \( x \). ### Step 2: Write the profit and loss equations - When the article is sold for Rs. 625, the profit is given by: \[ \text{Profit} = \text{Selling Price} - \text{Cost Price} = 625 - x \] - When the article is sold for Rs. 435, the loss is given by: \[ \text{Loss} = \text{Cost Price} - \text{Selling Price} = x - 435 \] ### Step 3: Set up the equation According to the problem, the profit earned on selling for Rs. 625 is equal to the loss incurred on selling for Rs. 435. Therefore, we can set up the equation: \[ 625 - x = x - 435 \] ### Step 4: Solve the equation Now, we will solve for \( x \): 1. Rearranging the equation gives: \[ 625 + 435 = x + x \] \[ 1060 = 2x \] 2. Dividing both sides by 2: \[ x = \frac{1060}{2} = 530 \] ### Step 5: Conclusion The cost price of the article is Rs. 530. ---
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RS AGGARWAL-PROFIT AND LOSS -EXERCISE 10D ( Tick the correct answer in each of the following:)
  1. A bat is bought for Rs 120 and sold for Rs 105. The loss per cent is.

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  2. A bookseller sells a book for Rs.100, gaining Rs. 20. His gain per cen...

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  3. On selling an article for Rs.48 a shopkeeper loses 20%. In order to ga...

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  4. On selling an article at a certain price a man gains 10%. On selling t...

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  5. Bananas are bought at 3 for Rs. 2 and sold at 2 for Rs. 3. The gain pe...

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  6. If the selling price of 10 pens is the same as the cost price of 12 pe...

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  7. On selling 100 pencils a man gains the selling price of 20 pencils. Hi...

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  8. Ravi buys some toffees at 5 for a rupee and sells them at 2 for a rupe...

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  9. Oranges are bought at 5 for Rs. 10 and sold at 6 for Rs.15. His gain p...

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  10. By selling a radio for Rs. 950, a man loses 5%. What per cent shall he...

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  11. The selling price of an article is 6/5 of the cost price. The gain pe...

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  12. On selling a chair for Rs.720, a man loses 25%. To gain 25% it must be...

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  13. The ratio of cost price and selling price of an article is 20 : 21. Wh...

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  14. A man sold two chairs for Rs. 500 each. On one he gains 20% and on th...

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  15. The profit earned on selling an article for Rs.625 is the same as loss...

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  16. A man buys an article for Rs.150 and makes overhead expenses which are...

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  17. If an article is sold at a gain of 5 % instead of being sold at a loss...

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  18. A dealer lists his articles at 20% above cost price and allows a disco...

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  19. The marked price of an article is 10% more than the cost price and a d...

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  20. The price of watch including 10% VAT is Rs. 825. What is its basic pri...

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