📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!

    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. 1300 more than that of article ‘A’ while selling price of article ‘B’ is Rs. 650 more than that of ‘A’. Find the cost price of article ‘A’ if article ‘B’ is sold at a discount of 20%.
    A Rs. 1428.75 Correct Answer Incorrect Answer
    B Rs. 1478.75 Correct Answer Incorrect Answer
    C Rs. 1468.75 Correct Answer Incorrect Answer
    D Rs. 1438.75 Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Selling price of article ‘B’ = 650 + 1800 = Rs. 2450 Marked price of article ‘B’ = 2450/0.80 = Rs. 3062.5 Marked price of article ‘A’ = 3062.5 – 1300 = Rs. 1762.5 Cost price of article ‘A’ = 1762.5/1.2 = Rs. 1468.75

    Practice Next
    More Profit and loss Questions
    ask-question