📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!

    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 ‘A’ = Rs. ‘x’ = selling price of article ‘B’ Selling price of article ‘A’ = 1.40 × x = Rs. ‘1.4x’ So, cost price of article ‘B’ = (5/14) × 1.4x = Rs. ‘0.5x’ ATQ, x = 0.5x + 15 Or, 0.5x = 15 Or, x = 30 So, cost price of article ‘B’ = 0.5x = 0.5 × 30 = Rs. 15

    Practice Next
    More Profit and loss Questions
    ask-question