New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

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

    marked it 20% above its cost price and sold it for Rs. 6000. 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. 5805 Correct Answer Incorrect Answer
    B Rs. 5870 Correct Answer Incorrect Answer
    C Rs. 5875 Correct Answer Incorrect Answer
    D Rs. 5775 Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Selling price of article ‘B’ = 200 + 6000 = Rs. 6200 Marked price of article ‘B’ = 6200/0.80 = Rs. 7750 Marked price of article ‘A’ = 7750 – 700 = Rs. 7050 Cost price of article ‘A’ = 7050/1.2 = Rs. 5875

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