The profit on selling an article for Rs.425 is the same as the loss on selling it for Rs.355, then the cost price of the article is
Show answer & explanation
Correct answer: D
Explanation
The correct option is 4.
profit on selling an article for Rs.425
profit = SP - CP (cost price)
profit = 425 - CP
loss on selling it for Rs.355
loss = CP - SP
loss = CP - 355
profit = loss
425 - CP = CP - 355
425 + 355 = 2CP
2CP = 780
CP = rs 390