The profit earned on selling a bike for ₹68,250 is the same as the loss incurred on selling the bike for ₹47,250. Find the cost price of the bike.

₹57,750

When the profit earned on selling the product and loss earned on selling the product is same then the cost price will be the mean of both the selling price.

First selling price with profit = 68,250 

Second selling price with loss = 47,250

Then the cost price = \(\frac{68,250  + 47,250}{2}\) = 57750