📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!
  • google app store apple app store
    • ✖

      Question

      'A' purchased an article and sold it to 'B' at 10%

      profit. 'B' marked it up by 25% above the price at which 'A' has purchased it and then sold it after giving a discount of Rs. 846. If 'B' suffered a loss of 12% in the transaction, then find the cost price of the article for 'A'.
      A Rs. 3500 Correct Answer Incorrect Answer
      B Rs. 3200 Correct Answer Incorrect Answer
      C Rs. 3000 Correct Answer Incorrect Answer
      D Rs. 3900 Correct Answer Incorrect Answer
      E None of these Correct Answer Incorrect Answer

      Solution

      Let the cost price of the article for A be Rs. x Therefore, cost price of the article for B = Rs. 1.1x Marked price of the article = Rs. 1.25x Selling price of the article for B = 0.88 × 1.1x = Rs. 0.968x According to the question, 1.25x – 0.968x = 846 Or, x = 846/0.282 = 3000 Therefore, cost price of the article for A = Rs. 3000

      Practice Next
      More Profit and loss Questions

      Relevant for Exams:

      ask-question