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The profit obtained by selling an article for Rs. 625 is same as the loss incurred if it is sold for Rs. 545. The price at which it is to be sold to realize a profit of Rs. 65 on the cost price is
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- Rs. 640
- Rs. 630
- Rs. 650
- Rs. 660
Correct Option: C
Given in question , S.P. of article be Rs. 545.
Let C.P. of article be Rs. y.
According of the question,
625 – y = y – 545
⇒ 2y= 625 + 545 = 1170
| ⇒ y = | = Rs. 585 | 2 |
∴ Required S.P. = Rs. (585 + 65) = Rs. 650
