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    Question

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

    Article β€˜A’ is marked up by 25% above its cost price and sold after giving some discount and there is a profit of 13% 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. 5600. Find the selling price of article β€˜A’.
    A Rs. 5650 Correct Answer Incorrect Answer
    B Rs. 5050 Correct Answer Incorrect Answer
    C Rs. 5600 Correct Answer Incorrect Answer
    D Rs. 7650 Correct Answer Incorrect Answer
    E None of these 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. 1.25x Selling price of article β€˜A’ = Rs. 1.13x Discount offered on article β€˜A’ = 1.25x – 1.13x = Rs. 0.12x According to the question, 0.12x + x = 5600 => x = 5600/1.12 = Rs. 5000 Selling price of the article β€˜A’ = 1.13x = Rs. 5650

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