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Let the cost price of articles ‘A’ and ‘B’ be Rs. 7y and Rs. 3y respectively Sum of cost price of articles ‘A’ and ‘B’ = 1200 × 2 = 2400 => 7y + 3y = 2400 => 10y = 2400 => y = 240 So, cost price of article ‘A’ = 7y = Rs. 1680 Cost price of article ‘B’ = 3y = Rs. 720 Selling price of article ‘A’ = 1680 × (122.5/100) = Rs. 2058 Selling price of article ‘B’ = 720 + 250.5 = Rs. 970.5 So, average selling price of given two articles = (2058 + 970.5) ÷ 2 = Rs. 1514.25
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