Multiple Choice Questions on Profit after selling a commodity for Rs 524 is the same as loss after selling it for Rs 452 Th........... for Mathematics - All Exams Preparation

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Multiple Choice Questions

Profit after selling a commodity for Rs 524 is the same as loss after selling it for Rs 452 Th...........

Quantitative Aptitude ( CCS) Profit and loss
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     Profit after selling a commodity for Rs.524 is the same as loss after selling it for Rs.452. The cost price of the commodity is ?

    Rs.480

    Incorrect Answer

     Rs.500

    Incorrect Answer

    Rs.488

    Correct Answer

    Rs.485

    Incorrect Answer
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    Explanation:

     Let the C.P is x;

    S.P(1st) = 524,     S.P(2nd) = 452 

    According to the Question:-

    524 - x = x - 452

    x = (452 + 524)/2 = 488

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