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    Question

    The sum of the MRP of articles A and B is Rs. 11500.

    Article B is marked 45% above its cost price and while selling ‘y’ % discount is given on it. The ratio between the cost price and selling price of article A is 15:17 respectively. The cost price of article B is Rs. 500 less than the cost price of article A. If the profit on article A while selling is Rs. 600, then find out the difference between the MRP of article A and the selling price of article B.
    A Rs. 1200 Correct Answer Incorrect Answer
    B Rs. 1500 Correct Answer Incorrect Answer
    C Rs. 600 Correct Answer Incorrect Answer
    D Cannot be determined Correct Answer Incorrect Answer
    E Rs. 1000 Correct Answer Incorrect Answer

    Solution

    The ratio between the cost price and selling price of article A is 15:17 respectively.

    Let’s assume the cost price and selling price of article A is ‘15z‘ and ‘17z‘ respectively.

    If the profit on article A while selling is Rs. 600.

    selling price of article A - cost price of article A = profit on article A

    17z-15z = 600

    2z = 600

    z = 300

    cost price of article A = 15z

    = 15x300

    = Rs. 4500

    The cost price of article B is Rs. 500 less than the cost price of article A.

    cost price of article B = Rs. 4500 - Rs. 500

    = Rs. 4000

    Article B is marked 45% above its cost price and while selling ‘y’ % discount is given on it.

    MRP of Article B = Rs. 4000 of (100+45)%

    = Rs. 4000 of 145%

    = Rs. 5800

    The sum of the MRP of articles A and B is Rs. 11500.

    MRP of Article A = Rs. 11500 - Rs. 5800

    = Rs. 5700

    For getting the required difference, we need the selling price of article B. But as per the given information in the question, we cannot determine the selling price of article B. Hence the answer cannot be determined.

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