Question
Article βAβ and βBβ has equal cost prices.
Article βAβ 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 βBβ is marked up by amount equal to the discount offered on article βAβ. The marked price of article βBβ is Rs. 1284. Find the selling price of article βAβ.Solution
Let, the cost price of article βAβ and βBβ be Rs. x Marked price of article βAβ = Rs. 1.222x Selling price of article βAβ = Rs. 1.152x Discount offered on article βAβ = 1.222x β 1.152x = Rs. 0.07x According to the question, 0.07x + x = 1284 => x = 1284/1.07 = Rs. 1200 Selling price of the article βAβ = 1.152x = Rs. 1382.40
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