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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

₹ 520
₹ 530
₹ 540
₹ 550

Correct Answer: ₹ 530

Explanation:

Let CP = x
According to the question,
625 - x = x - 435
⇒ 2x = 1060
⇒ x = 1060/2 = ₹ 530

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