📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!
  • google app store apple app store
    • ✖

      Question

      Article ‘A’ and ‘B’ has equal cost prices.

      Article ‘A’ is marked up by 23.5% above its cost price and sold after giving some discount and there is a profit of 13.5% in the whole transaction. Article ‘B’ is marked up by amount equal to the discount offered on article ‘A’. The marked price of article ‘B’ is Rs. 3520. Find the selling price of article ‘A’.
      A Rs. 3658 Correct Answer Incorrect Answer
      B Rs. 3008 Correct Answer Incorrect Answer
      C Rs. 3632 Correct Answer Incorrect Answer
      D Rs. 4658 Correct Answer Incorrect Answer
      E Rs. 5658 Correct Answer Incorrect Answer

      Solution

      Let, the cost price of article ‘A’ and ‘B’ be Rs. x Marked price of article ‘A’ = Rs. 1.235x Selling price of article ‘A’ = Rs. 1.135x Discount offered on article ‘A’ = 1.235x – 1.135x = Rs. 0.10x According to the question, 0.10x + x = 3520 => x = 3520/1.10 = Rs. 3200 Selling price of the article ‘A’ = 1.135x = Rs. 3632

      Practice Next
      More Profit and loss Questions
      ask-question