πŸ“’ Too many exams? Don’t know which one suits you best? Book Your Free Expert πŸ‘‰ call Now!

  • google app store apple app store
  • βœ–

      Question

      A shopkeeper marked an article β€˜A’ 60% above the

      cost price and sold it for Rs. 1600 after giving a certain discount while he sold an article β€˜B’ for Rs. 1300. If cost price of article β€˜B’ is Rs. 1000 and profit percentage earned on selling article β€˜B’ is 50% more than discount percentage given on selling article β€˜A’ then find the cost price of article β€˜A’.
      A Rs. 1250 Correct Answer Incorrect Answer
      B Rs. 1200 Correct Answer Incorrect Answer
      C Rs. 1150 Correct Answer Incorrect Answer
      D Rs. 1750 Correct Answer Incorrect Answer
      E Rs. 1220 Correct Answer Incorrect Answer

      Solution

      Percentage profit earned on selling article β€˜B’ = [(1300 – 1000)/1000] Γ— 100 = 30% So, percentage discount given on selling article β€˜A’ = 30/1.5 = 20% So, marked price of article β€˜A’ = 1600/0.80 = Rs. 2000 Cost price of article β€˜A’ = 2000/1.60 = Rs. 1250

      Practice Next
      ask-question