Question
A shopkeeper marked an article lsquo;Arsquo; 40% above
the cost price and sold it for Rs. 1008 after giving a certain discount while he sold an article lsquo;Brsquo; for Rs. 2625. If cost price of article lsquo;Brsquo; is Rs. 1875 and profit percentage earned on selling article lsquo;Brsquo; is 60% more than discount percentage given on selling article lsquo;Arsquo; then find the cost price of article lsquo;Arsquo;.Solution
Percentage profit earned on selling article lsquo;Brsquo; = [(2625 ndash; 1875)/1875] times; 100 = 40% So, percentage discount given on selling article lsquo;Arsquo; = 40/1.60 = 25% So, marked price of article lsquo;Arsquo; = 1008/0.75 = Rs. 1344 Cost price of article lsquo;Arsquo; = 1344/1.40 = Rs. 960
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