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The profit earned by selling an article for 752 is 1.2 times the loss incurred when the same article is sold for 400. What is the cost pric…

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The profit earned by selling an article for 752 is 1.2 times the loss incurred when the same article is sold for 400. What is the cost price of the article?

ARs. 260
BRs. 360
CRs. 460
DRs. 560

Correct answer: D

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Discussion 1

CCommunity30 Jun 2021

Rs. 560

Let ‘x’ be the CP.

Then 752 – x = 1.2(x-400); = 752 – x = 1.2x -480

» 1232 = 2.2x; :. x=1232/2.2 = 560