Question
A shopkeeper marked an article βAβ 20% above the
cost price and sold it for Rs. 6048 after giving a certain discount while he sold an article βBβ for Rs. 1344. If cost price of article βBβ is Rs. 960 and profit percentage earned on selling article βBβ is 60% more than discount percentage given on selling article βAβ then find the cost price of article βAβ.Solution
Percentage profit earned on selling article βBβ = [(1344 β 960)/960] Γ 100 = 40% So, percentage discount given on selling article βAβ = 40/1.6 = 25% So, marked price of article βAβ = 6048/0.75 = Rs. 8064 Cost price of article βAβ = 8064/1.20 = Rs. 6720
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