The profit earned after selling an article for ₹ 625 is same as the loss incurred after selling the article for ₹ 435. The cost price of the article is
Correct Answer: ₹ 530
Explanation:
Let CP = x
According to the question,
625 - x = x - 435
⇒ 2x = 1060
⇒ x = 1060/2 = ₹ 530
