Question

    A costs twice as much as B. A is sold at a loss of 15%

    and B is sold at 8/5th of its price. If selling price of A is Rs. 500 more than selling price of B, what is the cost price of A?
    A 14000 Correct Answer Incorrect Answer
    B 10000 Correct Answer Incorrect Answer
    C 12000 Correct Answer Incorrect Answer
    D 16000 Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Let the CP of B be 100x. CP of A = 2×100x = 200x Now SP of A = 85% of 200x = 170x And SP of B = 100x × 8/5 = 160x According to question, => 170x – 160x = 500 => x = 50 CP of A = 200x = 200 × 50 = Rs. 10000

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