Question

The ratio of cost prices of two articles ‘A’ and ‘B’ is 4:1 respectively and the average cost price of articles ‘A’ and ‘B’ is Rs. 1500. If articles ‘A’ and ‘B’ are sold at profit of 26% and profit of Rs 100 respectively, then what is the average selling price of the given two articles?

A Rs. 1862
B Rs. 1802
C Rs. 1562
D Rs. 1762
E None of these
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