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’.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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