Question
A shopkeeper marked an article ‘A’ 40% above the
cost price and sold it for Rs. 3024 after giving a certain discount while he sold an article ‘B’ for Rs. 1344. If cost price of article ‘B’ is Rs. 960 and profit percentage earned on selling article ‘B’ is 60% more than discount percentage given on selling article ‘A’ then find the cost price of article ‘A’.Solution
Percentage profit earned on selling article ‘B’ = [(1344 – 960)/960] × 100 = 40% So, percentage discount given on selling article ‘A’ = 40/1.6 = 25% So, marked price of article ‘A’ = 3024/0.75 = Rs. 4032 Cost price of article ‘A’ = 4032/1.40 = Rs. 2880
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