📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!
  • google app store apple app store
    • ✖

      Question

      Selling price of article ‘A’ when sold at a profit

      of 45% is Rs. 260 more than its selling price when sold at a loss of 35%. If the cost price of article ‘B’ is Rs. 80 more than that of ‘A’, then find the cost price of article ‘B’.
      A Rs. 415 Correct Answer Incorrect Answer
      B Rs. 425 Correct Answer Incorrect Answer
      C Rs. 435 Correct Answer Incorrect Answer
      D Rs. 405 Correct Answer Incorrect Answer
      E None of these Correct Answer Incorrect Answer

      Solution

      Let the cost price of article ‘A’ = Rs. ‘100y’ Then, selling price of the article when it is sold at a profit of 45% = 1.45 × 100y = Rs. ‘145y’ And, selling price of the article when it is sold at a loss of 35% = 0.65 × 100y = Rs. ‘65y’ According to the question, 145y – 65y = 260 Or, y = (260/80) Or, y = 3.25 So, cost price of article ‘A’ = 100 × 3.25 = Rs. 325 Therefore, cost price of article ‘B’ = 325 + 80 = Rs. 405

      Practice Next
      More Profit and loss Questions

      Relevant for Exams:

      ask-question