Question

Ratio of the cost price of article ‘A’ to ‘B’ is 3:7, respectively. Article ‘A’ is marked up by 45% above its cost price and then sold at a discount of 20%. If the profit earned on article ‘A’ is Rs. 240, then find the cost price of article ‘B’.

A Rs. 3500
B Rs. 3625
C Rs. 3685
D Rs. 3675
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