Question

    On selling 50 articles for Rs. 4000 there is a loss

    equal to the cost price of 10 articles. Find the selling price of 25 articles if the shopkeeper wants to earn a profit of 20%.
    A Rs.2200 Correct Answer Incorrect Answer
    B Rs.6520 Correct Answer Incorrect Answer
    C Rs.3000 Correct Answer Incorrect Answer
    D Rs.3250 Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    ATQ Loss on selling 50 articles = Cost price of 50 articles – selling price of 50 articles. Or, Cost price of 10 articles = Cost price of 50 articles – selling price of 50 articles Or, Selling price of 50 articles = Cost price of 40 articles Cost price of each article = 4000/40 = Rs. 100 Cost price of 25 articles = 25 × 100 = Rs. 2500 Selling price of 25 articles = 1.20 × 2500 = Rs.3000

    Practice Next

    Relevant for Exams: