The profit earned after selling an article for Rs. 1754 is the same as loss incurred after selling the article for Rs. 1492. What is the cost price of the article?
A. Rs. 1523
B. Rs. 1589
C. Rs. 1623
D. Rs. 1689
E. None of these
Answer: Option C
Solution (By Examveda Team)
Let C.P. = Rs. xThen, 1754 - x = x - 1492
⇒ 2x = 3246
⇒ x = 1623
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