New Enroll in RBI Grade B New Batch - Starts on May 21

    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;.
    A Rs. 620 Correct Answer Incorrect Answer
    B Rs. 635 Correct Answer Incorrect Answer
    C Rs. 960 Correct Answer Incorrect Answer
    D Rs. 625 Correct Answer Incorrect Answer
    E Rs. 825 Correct Answer Incorrect Answer

    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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