Question

The cost price of two articles is same. One article is sold at 29% profit and another at 11% loss. If the selling price of one article is Rs. 600 more than that of another, then find the selling price of article sold at loss.

A Rs. 1312.50 Correct Answer Incorrect Answer
B Rs. 1260 Correct Answer Incorrect Answer
C Rs. 1335 Correct Answer Incorrect Answer
D Rs. 1700 Correct Answer Incorrect Answer

Solution

Let the cost price of both the articles be Rs. x
According to the question,
1.29x – 0.89x = 600
=> x = 600/0.40 = 1335
Therefore, selling price of article sold at loss = 0.89x = Rs. 1335

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