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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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