Question
A shopkeeper bought article ‘A’ for Rs. ‘x’ and
marked it 20% above its cost price and sold it for Rs. 1800. Marked price of article ‘B’ is Rs. 1600 more than that of article ‘A’ while selling price of article ‘B’ is Rs. 260 more than that of ‘A’. Find the cost price of article ‘A’ if article ‘B’ is sold at a discount of 20%.Solution
Selling price of article ‘B’ = 260 + 1800 = Rs. 2060 Marked price of article ‘B’ = 2060/0.80 = Rs. 2575 Marked price of article ‘A’ = 2575 – 1600 = Rs. 975 Cost price of article ‘A’ = 975/1.2 = Rs. 812.5
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