New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    A shopkeeper marked an article ‘A’ 5% above the cost

    price and sold it for Rs. 11088 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’.
    A Rs. 14480 Correct Answer Incorrect Answer
    B Rs. 14060 Correct Answer Incorrect Answer
    C Rs. 14088 Correct Answer Incorrect Answer
    D Rs. 14080 Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    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’ = 11088/0.75 = Rs. 14784 Cost price of article ‘A’ = 14784/1.05 = Rs. 14080

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