New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    One article is sold at 15% profit while other is sold at

    5% loss such that the difference between their selling prices is Rs. 130. If the cost price of both the articles is same, then find the selling price of article sold at profit.
    A Rs. 727.5 Correct Answer Incorrect Answer
    B Rs. 737.5 Correct Answer Incorrect Answer
    C Rs. 740.5 Correct Answer Incorrect Answer
    D Rs. 747.5 Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Let the cost price of both the articles be Rs. x According to the question, 1.15x – 0.95x = 130 Or, x = 130/0.2 Or, x = Rs. 650 Therefore, selling price of articles sold at profit = 1.15x = Rs. 747.5

    Practice Next

    Relevant for Exams: