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Question

The cost price of article A and B is Rs. ‘X’ and Rs. (X + 350), respectively. Article A is sold at 20% profit while article B is sold at 10% loss. If selling price of article B is Rs. 120 more than that of article A and article B is sold after giving a discount of 20%, then find the marked price of article B.

A Rs. 1800 Correct Answer Incorrect Answer
B Rs. 1560 Correct Answer Incorrect Answer
C Rs. 2000 Correct Answer Incorrect Answer
D Rs. 1125 Correct Answer Incorrect Answer

Solution

Selling price of article ‘A’ = x × 120% = Rs. 1.2x Selling price of article ‘B’ = (x + 350) × 90% = Rs. 0.90x + 315 According to the question, 0.90x + 315 – 1.2x = 120 315 – 120 = 0.3x 0.3x = 195 x = 650 Selling price of article ‘B’ = 0.90 × 650 + 315 = Rs. 900 Marked price of the article ‘B’ = 900/80 × 100 = Rs. 1125

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