Question
A shopkeeper marked an article ‘A’ 60% above the
cost price and sold it for Rs. 600 after giving a certain discount while he sold an article ‘B’ for Rs. 1800. If cost price of article ‘B’ is Rs. 1200 and profit percentage earned on selling article ‘B’ is 25% 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’ = [(1800 – 1200)/1200] × 100 = 50% So, percentage discount given on selling article ‘A’ = 50/1.25 = 40% So, marked price of article ‘A’ = 600/0.60 = Rs. 1000 Cost price of article ‘A’ = 1000/1.60 = Rs. 625
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