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      Question

      A purchased an article for Rs 2250. She sold the

      article at 10% profit. She then added Rs 450 to the amount received and purchased a purse such that the seller of purse gained 25%. Find the cost price of purse for the seller.
      A Rs. 1632.80 Correct Answer Incorrect Answer
      B Rs. 1400 Correct Answer Incorrect Answer
      C Rs. 2750 Correct Answer Incorrect Answer
      D Rs. 1529.60 Correct Answer Incorrect Answer
      E Rs. 2340 Correct Answer Incorrect Answer

      Solution

      Amount received by A after selling the article = 1.10 × 2250 = Rs. 2475
      Therefore, selling price of the purse for the seller = 2475 + 450 = Rs. 2925
      Let the cost price of the purse for the seller be Rs. x
      According to the question, 1.25x = 2925
      Or, x = 2925/1.25 = 2340
      Therefore, cost price of the purse for the seller = Rs. 2340

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