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    Question

    Selling price of article β€˜A’ when sold at a profit

    of 45% is Rs. 150 more than its selling price when sold at a loss of 35%. If the cost price of article β€˜B’ is Rs. 80 more than that of β€˜A’, then find the cost price of article β€˜B’.
    A Rs. 207.5 Correct Answer Incorrect Answer
    B Rs. 277.5 Correct Answer Incorrect Answer
    C Rs. 267.5 Correct Answer Incorrect Answer
    D Rs. 297.5 Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Let the cost price of article β€˜A’ = Rs. β€˜100y’ Then, selling price of the article when it is sold at a profit of 45% = 1.45 Γ— 100y = Rs. β€˜145y’ And, selling price of the article when it is sold at a loss of 35% = 0.65 Γ— 100y = Rs. β€˜65y’ According to the question, 145y – 65y = 150 Or, y = (150/80) Or, y = 1.875 So, cost price of article β€˜A’ = 100 Γ— 1.875 = Rs. 187.5 Therefore, cost price of article β€˜B’ = 187.5 + 80 = Rs. 267.5

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