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    Question

    Ratio of the cost price of article ‘A’ to ‘B’ is

    4:7, respectively. Article ‘A’ is marked up by 40% above its cost price and then sold at a discount of 20%. If the profit earned on article ‘A’ is Rs. 252, then find the cost price of article ‘B’.
    A Rs. 3600 Correct Answer Incorrect Answer
    B Rs. 3625 Correct Answer Incorrect Answer
    C Rs. 3685 Correct Answer Incorrect Answer
    D Rs. 3675 Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Let the cost price of article ‘A’ be Rs. 4x Marked price of article ‘A’ = 1.4 × 4x = Rs. 5.6x Selling price of article ‘A’ = 5.6x × 0.8 = Rs. 4.48x Or, 4x + 252 = 4.48x Or, 0.48x = 252 Or, x = 525 Cost price of article ‘B’ = 7x = 7 × 525 = Rs. 3675

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