The profit percent gained if an object is sold at Rs 464 is equals to the loss percent when the object is sold at Rs 436. Find the cost price of this object?

July 28, 2023

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Question	The profit percent gained if an object is sold at Rs 464 is equals to the loss percent when the object is sold at Rs 436. Find the cost price of this object?
Type	multiple_choice
Option	250	incorrect
Option	400	incorrect
Option	450	correct
Option	500	incorrect
Solution	Apply formula: Profit = selling price – cost price Loss = cost price – selling price ATQ, Selling price in case of profit is 464 Selling price in case of loss is 436 And the loss % = profit % So, cost price – selling price = selling price – cost price Let cost price = x x- 436 = 464 – x 2x= 464+436 2x = 900 x = 450