Question
Article A is sold at a loss of 33.33% of its selling
price, and Article B is sold at a profit of 40% of its cost price. Both articles are sold for the same price. Given that there is an overall loss of Rs. 250, find the difference in the cost price of the two articles.Solution
Article A sold at 33.33% loss of SP, So CP of A – SP of A = 1/3 of (SP of A) So for article A, CP: SP = 4:3 Similarly for article B, CP: SP = 5:7 Selling price of A and B is same So CP: SP for A = 28: 21 CP: SP for B = 15: 21 There is an overall loss of Rs. 250 So (28 + 15) units – (21 + 21) units = 250 1 unit = 250 Required difference = (28 – 15) units x 250 = 13 x 250 = Rs. 3250 Hence answer is option C
Which Indian state unveiled its first AI Policy in January 2025?
How much tax devolution has the Centre released to states to boost capital expenditure and welfare activities?
When is 'World Radio Day' celebrated globally?
When will the 18th Pravasi Bharatiya Divas (PBD) Convention be held?
What is India's projected space economy value in the next decade, according to ISRO?
What was the theme for “World Water day” this year?
What is the new base year for the Wholesale Price Index (WPI) after the government appointed the working group in December 2024?
On what occasion was the wax statue of Dr. B.R. Ambedkar unveiled at Jaipur Wax Museum?
Nikhat Zareen is associated with which sport?                Â
Which organization celebrated its 65th Raising Day on May 07, 2024 by highlighting contributions to relief efforts and strategic infrastructural project...