Question

    One article is sold at 11% profit while other is sold at

    5% loss such that the difference between their selling prices is Rs. 176. If the cost price of both the articles is same, then find the selling price of article sold at profit.
    A Rs. 1220 Correct Answer Incorrect Answer
    B Rs. 1021 Correct Answer Incorrect Answer
    C Rs. 1221 Correct Answer Incorrect Answer
    D Rs. 1211 Correct Answer Incorrect Answer

    Solution

    Let the cost price of both the articles be Rs. x According to the question, 1.11x – 0.95x = 176 Or, x = 176/0.16 Or, x = Rs. 1100 Therefore, selling price of articles sold at profit = 1.11x = Rs. 1221

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