Correct Answer - Option 2 : 550

**Given:**

Profit earned after selling the article for Rs. 625 is 50% more than the loss incurred after selling the article for Rs. 500.

**Concept Used:**

Profit = Selling price – Cost price

⇒ Cost price = Selling price - profit

**Calculation:**

Profit is 50% more than the loss

Let loss be 100%

Then profit = (100 + 50) = 150%

The ratio of profit on selling Rs. 625 and loss incurred on selling Rs. 500 = 150 : 100

⇒ 3 : 2

Difference between two selling price is (625 – 500)

⇒ 125

Profit = (3/5) × 125

⇒ 75

Cost price = 625 – 75

⇒ Cost Price = 550

**∴**** The cost price of the article is Rs. 550**