Question

On selling 40 articles for Rs. 8000, a person gets a profit which is equal to CP of 10 articles. Then find the CP of 1 article?

A Rs.220 Correct Answer Incorrect Answer
B Rs.160 Correct Answer Incorrect Answer
C Rs.380 Correct Answer Incorrect Answer
D Data Inadequate Correct Answer Incorrect Answer
E None of these Correct Answer Incorrect Answer

Solution

Profit on selling 40 artciles = CP of 10 articles SP of 40 articles - CP of 40 articles = CP of 10 articles SP of 40 articles = CP of 50 articles = 8000 So CP of 1 article = `8000/50` = Rs.160

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