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    Question

    A shopkeeper bought article β€˜A’ for Rs. β€˜x’ and

    marked it 25% above its cost price and sold it for Rs. 2600. Marked price of article β€˜B’ is Rs. 1700 more than that of article β€˜A’ while selling price of article β€˜B’ is Rs. 100 more than that of β€˜A’. Find the cost price of article β€˜A’ if article β€˜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 β€˜B’ = 100 + 2600 = Rs. 2700 Marked price of article β€˜B’ = 2700/0.80 = Rs. 3375 Marked price of article β€˜A’ = 3375 – 1700 = Rs. 1675 Cost price of article β€˜A’ = 1675/1.25 = Rs. 1340

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