Question
A shopkeeper bought article ‘A’ for Rs. ‘x’ and
marked it 25% above its cost price and sold it for Rs. 2600. Marked price of article ‘B’ is Rs. 1700 more than that of article ‘A’ while selling price of article ‘B’ is Rs. 100 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’ = 100 + 2600 = Rs. 2700 Marked price of article ‘B’ = 2700/0.80 = Rs. 3375 Marked price of article ‘A’ = 3375 – 1700 = Rs. 1675 Cost price of article ‘A’ = 1675/1.25 = Rs. 1340
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