Question:Loss incurred by selling a bicycle for Rs. 895 is equal to the profit earned by selling it for Rs.955. What is the loss/profit in this case ? 

A Rs. 45 
B Rs. 30 
C Rs. 75 
D cannot be determined 

+ Answer
B 

+ Explanation
Let C.P.  be Rs. x. Then, 

(x - 895) = (955 - x) =>x = 925

:. loss = Gain = (925 - 895) = 30

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Irin Moni

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