Question
A shopkeeper marked an article ‘A’ 60% above the
cost price and sold it for Rs. 1600 after giving a certain discount while he sold an article ‘B’ for Rs. 1300. If cost price of article ‘B’ is Rs. 1000 and profit percentage earned on selling article ‘B’ is 50% more than discount percentage given on selling article ‘A’ then find the cost price of article ‘A’.Solution
Percentage profit earned on selling article ‘B’ = [(1300 – 1000)/1000] × 100 = 30% So, percentage discount given on selling article ‘A’ = 30/1.5 = 20% So, marked price of article ‘A’ = 1600/0.80 = Rs. 2000 Cost price of article ‘A’ = 2000/1.60 = Rs. 1250
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