New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    The cost price of two articles is same. One article is

    sold at 25% profit and another at 12% loss. If the selling price of one article is Rs. 777 more than that of another, then find the selling price of article sold at profit.
    A Rs. 1350 Correct Answer Incorrect Answer
    B Rs. 4050 Correct Answer Incorrect Answer
    C Rs. 2600 Correct Answer Incorrect Answer
    D Rs. 2625 Correct Answer Incorrect Answer

    Solution

    Let the cost price of both the articles be Rs. x According to the question, 1.25x – 0.88x = 777 =>  x = 777/0.37 = 2100 Therefore, selling price of article sold at gain = 1.25 x = Rs. 2625

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