Question
The ratio of cost prices of two articles ‘A’ and
‘B’ is 5:4 respectively and the average cost price of articles ‘A’ and ‘B’ is Rs. 1800. If articles ‘A’ and ‘B’ are sold at profit of 22% and profit of Rs. 210 respectively, then what is the average selling price of the given two articles?Solution
Let the cost price of articles ‘A’ and ‘B’ be Rs. 5y and Rs. 4y respectively Sum of cost price of articles ‘A’ and ‘B’ = 1800 × 2 = 3600 => 5y + 4y = 3600 => 9y = 3600 => y = 400 So, cost price of article ‘A’ = 5y = Rs. 2000 Cost price of article ‘B’ = 4y = Rs. 1600 Selling price of article ‘A’ = 2000 × (122/100) = Rs. 2440 Selling price of article ‘B’ = 1600 + 210 = Rs. 1810 So, average selling price of given two articles = (2440 + 1810) ÷ 2 = Rs. 2125
Among the four works mentioned below which one is encyclopaedic in nature?
What is the applicability of the Workmen’s Compensation Act, 1923, as per the amendment made in 1995?
For outstanding contribution in which of the following sports did TP Ouseph win the Dronacharya Award for 2021?
Which one of the following statements about the situation in the Ryotwari areas is correct?
The I-V graph of three resistances R₁ ,R₂ and R₃ is shown in the figure below. The correct relation between R₁ R₂ and R₃ is:
In which of the following session Muslim league passed a resolution for the establishment of a separate homeland for the Muslims of British India?
Which of the following statements is true about the accounting equation?
Dr. Shankarbaba Pundlikrao Papalkar is known for his dedication to improving the lives of:
The principle that suggests recording expenses only when they are realized, and income only when they are certain, is known as:
Which of the following is/are the benefit of a stable population?
I. Less pressure on natural resources
...
