the profit earned on selling article at ₹720 is half of the loss incurred on selling the same article at ₹360. what is the cost price of the article About the author Autumn

Let cost price = Rs. X Profit = Rs. (730 – x) Loss = Rs. (x – 255) According to question 730 – x = 2×(x−265) 730 – x = 2x – 530 3x = 1260 x = 420 Required selling price = 420×115100=Rs.483 Reply

Let cost price = Rs. X

Profit = Rs. (730 – x)

Loss = Rs. (x – 255)

According to question

730 – x = 2×(x−265)

730 – x = 2x – 530

3x = 1260

x = 420

Required selling price = 420×115100=Rs.483