The profit obtained by selling an article for ₹ 625 is same as the loss incurred if it is sold for ₹ 545. The price at which it is to be sold to realize a profit of ₹ 65 on the cost price is.
Answer & explanation
Correct answer: option 3
ATQ,
(625 - C) = (C - 545)
2C = 1170
C = 585
Selling price = 585 + 65 = Rs. 650