Question
One article is sold at 16% profit while other is sold at
5% loss such that the difference between their selling prices is Rs. 126. If the cost price of both the articles is same, then find the selling price of article sold at profit.Solution
Let the cost price of both the articles be Rs. x According to the question, 1.16x – 0.95x = 126 Or, x = 126/0.21 Or, x = Rs. 600 Therefore, selling price of articles sold at profit = 1.16x = Rs. 696
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