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If the profit on selling an article for Rs. 425 is the same as the loss on selling it for Rs. 355, then the cost price of the article is
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- Rs. 410
- Rs. 380
- Rs. 400
- Rs. 390
Correct Option: D
Let the C.P. of article be Rs. y.
Selling Price of article ( SP1> ) = Rs. 425 and SP2> = Rs. 355
According to the question,
425 – y = y – 355
⇒ 2y = 425 + 355 = 780
⇒ y = | = Rs. 390 | 2 |