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      Question

      The cost price of article 'B' is (250/7)% of the selling

      price of article 'A'. Article 'A' is sold at a 40% profit, and the cost price of article 'A' exceeds the cost price of article 'B' by Rs. 15. Additionally, the cost price of article 'A' is equal to the selling price of article 'B'. Determine the cost price of article 'B'.
      A Rs. 20 Correct Answer Incorrect Answer
      B Rs. 14 Correct Answer Incorrect Answer
      C Rs. 22 Correct Answer Incorrect Answer
      D Rs. 15 Correct Answer Incorrect Answer

      Solution

      Let cost price of article β€˜A’ = Rs. β€˜x’ = selling price of article β€˜B’ Selling price of article β€˜A’ = 1.40 Γ— x = Rs. β€˜1.4x’ So, cost price of article β€˜B’ = (5/14) Γ— 1.4x = Rs. β€˜0.5x’ ATQ, x = 0.5x + 15 Or, 0.5x = 15 Or, x = 30 So, cost price of article β€˜B’ = 0.5x = 0.5 Γ— 30 = Rs. 15

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