The profit obtained by selling an article for Rs.56 is the same as the loss obtained by selling it for Rs.42. What is the cost price of the article?
1) Rs.40
2) Rs.50
3) Rs.49
4) None of these
Answer: 3
EXP: Profit at a price = loss at other price => CP must be numerically between those prices
CP = (56+42)/2 = Rs. 49.