The profit (in Rs.) after selling an article for Rs. 524

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The profit (in Rs.) after selling an article for Rs. 524 is the same as the loss (in Rs.) after selling it for Rs. 452. The cost price of the article is:

1. Rs. 480
2. Rs. 485
3. Rs. 488
4. Rs. 500

Correct Option: C

Given that , First S.P. = Rs. 524 and Second S.P. = Rs. 452
Let the C.P. of article be Rs. y.
According to the question,
524 – y = y – 452
⇒ 2y = 524 + 452 = 976

⇒ y =	976	= Rs. 488
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