Profit after selling a commodity for Rs. 425 is same as loss after selling it for Rs.355. The cost of the commodity is:________?
Q1. Profit after selling a commodity for Rs. 425 is same as loss after selling it for Rs.355. The cost of the commodity is:________?
Answer: Rs. 390
Explanation: Setting profit equal to loss: 425 − CP = CP − 355, solving gives CP = (425 + 355) / 2 = Rs. 390.