Question
Selling price of article βAβ when sold at a profit
of 32% is Rs. 540 more than its selling price when sold at a loss of 40%. If the cost price of article βBβ is Rs. 82 more than that of βAβ, then find the cost price of article βBβ.Solution
Let the cost price of article βAβ = Rs. β100yβ Then, selling price of the article when it is sold at a profit of 32% = 1.32 Γ 100y = Rs. β132yβ And, selling price of the article when it is sold at a loss of 40% = 0.60 Γ 100y = Rs. β60yβ According to the question, 132y β 60y = 540 Or, y = (540/72) Or, y = 7.5 So, cost price of article βAβ = 100 Γ 7.5 = Rs. 750 Therefore, cost price of article βBβ = 750 + 82 = Rs. 832
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