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’.
    A Rs. 43800 Correct Answer Incorrect Answer
    B Rs. 44200 Correct Answer Incorrect Answer
    C Rs. 44900 Correct Answer Incorrect Answer
    D Rs. 44800 Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    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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