Question
A shopkeeper marked an article βAβ 60% above the
cost price and sold it for Rs. 600 after giving a certain discount while he sold an article βBβ for Rs. 1800. If cost price of article βBβ is Rs. 1200 and profit percentage earned on selling article βBβ is 25% more than discount percentage given on selling article βAβ then find the cost price of article βAβ.Solution
Percentage profit earned on selling article βBβ = [(1800 β 1200)/1200] Γ 100 = 50% So, percentage discount given on selling article βAβ = 50/1.25 = 40% So, marked price of article βAβ = 600/0.60 = Rs. 1000 Cost price of article βAβ = 1000/1.60 = Rs. 625
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