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      Question

      A purchased an article and sold it to B at 22% profit. B

      marked it up by 13% above the price at which A has purchased it and then sold it after giving a discount of Rs. 250. If B suffered a loss of 10% in the transaction, then find the cost price of the article for A.
      A Rs. 7812.50 Correct Answer Incorrect Answer
      B Rs. 7000.50 Correct Answer Incorrect Answer
      C Rs. 7500.50 Correct Answer Incorrect Answer
      D Rs. 6000 Correct Answer Incorrect Answer
      E Rs. 7250 Correct Answer Incorrect Answer

      Solution

      Let the cost price of the article for A be Rs. x
      Therefore, cost price of the article for B = Rs. 1.22x
      Marked price of the article = Rs. 1.13x
      Selling price of the article for B = 0.9 × 1.22x = Rs. 1.098x
      According to the question,
      1.13x – 1.098x = 250
      Or, x = 250/0.032 = 7812.50
      Therefore, cost price of the article for A = Rs. 7812.50

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