Profit earned by selling an article of Rs., 1630 is same as loss incurred by selling article for Rs.

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7.Profit and Loss

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Profit earned by selling an article of $Rs.\, 1630$ is same as the loss incurred by selling the article for $Rs.$ $1320 .$ What is the $CP$ in $Rs$?

A

$1475$

B

$1300$

C

$1350$

D

$1275$

Solution

Here, profit $=loss$ $….(i)$

$\Rightarrow$ Here, profit $=( SP )_{1}-( CP )$ and $,$ Loss $=( CP )-( SP )_{2}$

Now putting these values in $(i)$

$( SP )_{1}-( CP )=( CP )-( SP )_{2}$

$C P=\frac{(S P)_{1}+(S P)_{2}}{2}=\operatorname{Rs} \frac{1630+1320}{2}=R s .1475$

Standard 13

Quantitative Aptitude

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