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%.
    A Rs. 1340 Correct Answer Incorrect Answer
    B Rs. 1300 Correct Answer Incorrect Answer
    C Rs. 1240 Correct Answer Incorrect Answer
    D Rs. 1440 Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    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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