New Click here to Enroll for SIDBI MSME Expert Classes by Experts

    Register

    Question

    A shopkeeper bought article ‘A’ for Rs. ‘x’ and

    marked it 25% above its cost price and sold it for Rs. 4000. Marked price of article ‘B’ is Rs. 800 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. 3500 Correct Answer Incorrect Answer
    B Rs. 3760 Correct Answer Incorrect Answer
    C Rs. 3860 Correct Answer Incorrect Answer
    D Rs. 3560 Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Selling price of article ‘B’ = 200 + 4000 = Rs. 4200 Marked price of article ‘B’ = 4200/0.80 = Rs. 5250 Marked price of article ‘A’ = 5250 – 800 = Rs. 4450 Cost price of article ‘A’ = 4450/1.2 = Rs. 3560

    Practice Next