Question 87

The Loss incurred by selling an article at Rs.335 is 60% of the gain attained by selling the same article at Rs.671. Find the cost price of the article. (in Rs)

Solution

Let cost price of the article = Rs. $$x$$

Loss = Rs. $$(x-335)$$

Profit = Rs. $$(671-x)$$

According to ques, => $$x-335=\frac{60}{100}(671-x)$$

=> $$5x-1675=2013-3x$$

=> $$5x+3x=2013+1675=3688$$

=> $$x=\frac{3688}{8}=461$$

$$\therefore$$ Cost price = Rs. 461

=> Ans - (A)

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