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Profit after selling a commodity for $ 524 is the same as loss after selling it for $ 452. The cost price of the commodity is
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- $ 480
- $ 500
- $ 488
- $ 485
Correct Option: C
Let the cost price of the commodity = $ y
According to the question ,
⇒ 524 – y = y – 452
⇒ 2y = 524 + 452
⇒ 2y = 976
⇒ y = | = 488 | 2 |
The required price = $ 488