Question
Ujjawal purchased an article and sold it to Pallavi at
20% profit. Pallavi marked it up by 25% above the price at which Ujjawal has purchased it and then sold it after giving a discount of Rs. 340. If Pallavi suffered a loss of 10% in the transaction, then find the cost price of the article for Ujjawal.Solution
Let the cost price of the article for Ujjwal be Rs. x
Therefore, cost price of the article for Pallavi = Rs. 1.2x
Marked price of the article = Rs. 1.25x
Selling price of the article for Pallavi = 0.9 × 1.2x = Rs. 1.08x
According to the question,
1.25x – 1.08x = 340
Or, x = 340/0.17 = 2000
Therefore, cost price of the article for Ujjawal = Rs. 2000
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