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      Question

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

      4:5, 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. 264, then find the cost price of article ‘B’.
      A Rs. 42250 Correct Answer Incorrect Answer
      B Rs. 42350 Correct Answer Incorrect Answer
      C Rs. 41250 Correct Answer Incorrect Answer
      D Rs. 41240 Correct Answer Incorrect Answer

      Solution

      Let the cost price of article ‘A’ be Rs. 4x Marked price of article ‘A’ = 1.26 × 4x = Rs. 5.04x Selling price of article ‘A’ = 5.05x × 0.8 = Rs. 4.032x Or, 4x + 264 = 4.032x Or, 0.032x = 264 Or, x = 8250 Cost price of article ‘B’ = 5x = 5 × 8250 = Rs. 41250

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