📢 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. 3000. Marked price of article ‘B’ is Rs. 700 more than that of article ‘A’ while selling price of article ‘B’ is Rs. 200 more than that of ‘A’. Find the cost price of article ‘A’ if article ‘B’ is sold at a discount of 20%.
    A Rs. 2050 Correct Answer Incorrect Answer
    B Rs. 2700 Correct Answer Incorrect Answer
    C Rs. 2650 Correct Answer Incorrect Answer
    D Rs. 2750 Correct Answer Incorrect Answer

    Solution

    Selling price of article ‘B’ = 200 + 3000 = Rs. 3200 Marked price of article ‘B’ = 3200/0.80 = Rs. 4000 Marked price of article ‘A’ = 4000 – 700 = Rs. 3300 Cost price of article ‘A’ = 3300/1.2 = Rs. 2750

    Practice Next
    More Profit and loss Questions
    ask-question