Question
Ratio of the cost price of article ‘A’ to ‘B’ is
5:7, respectively. Article ‘A’ is marked up by 26% above its cost price and then sold at a discount of 20%. If the profit earned on article ‘A’ is Rs. 256, then find the cost price of article ‘B’.Solution
Let the cost price of article ‘A’ be Rs. 5x Marked price of article ‘A’ = 1.26 × 5x = Rs. 6.3x Selling price of article ‘A’ = 6.3x × 0.8 = Rs. 5.04x Or, 5x + 256 = 5.04x Or, 0.4x = 256 Or, x = 6400 Cost price of article ‘B’ = 7x = 7 × 6400 = Rs. 44800
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