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    Question

    Article β€˜A’ and β€˜B’ has equal cost prices.

    Article β€˜A’ is marked up by 22.5% above its cost price and sold after giving some discount and there is a profit of 15.2% in the whole transaction. Article β€˜B’ is marked up by amount equal to the discount offered on article β€˜A’. The marked price of article β€˜B’ is Rs. 1284. Find the selling price of article β€˜A’.
    A Rs. 1282.40 Correct Answer Incorrect Answer
    B Rs. 1582.40 Correct Answer Incorrect Answer
    C Rs. 1382.40 Correct Answer Incorrect Answer
    D Rs. 1782.40 Correct Answer Incorrect Answer
    E Rs. 1300.40 Correct Answer Incorrect Answer

    Solution

    Let, the cost price of article β€˜A’ and β€˜B’ be Rs. x Marked price of article β€˜A’ = Rs. 1.222x Selling price of article β€˜A’ = Rs. 1.152x Discount offered on article β€˜A’ = 1.222x – 1.152x = Rs. 0.07x According to the question, 0.07x + x = 1284 => x = 1284/1.07 = Rs. 1200 Selling price of the article β€˜A’ = 1.152x = Rs. 1382.40

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