The profit earned after selling a pair o...

The profit earned after selling a pair of shoes for ₹ 2,033 is the same as loss incurred after selling the same pair of shoes for ₹ 1,063. What is the cost of the shoes ?

₹1,650

₹1,548

₹1,532

Cannot be determined

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The correct Answer is:

Let the CP of the shoes be ₹ x.
`therefore 2033 - x = x - 1063`
`rArr 2x = 2033 +1063= 3096`
`rArr x = (3096)/(2) = ₹ 1548`

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