Question
Anoop sold two items, A and B, at
discounts of 16% and 20%, respectively. The profits he earned from selling items A and B were 26% and 44%, respectively. If the marked prices of items A and B were in the ratio of 4:3, determine the ratio of the cost price of item A to the cost price of item B.Solution
ATQ, Let the marked price of item A and B be Rs. 4x and Rs. 3x, respectively. Selling price of item A = 0.84 Ă— 4x = Rs. 3.36x Selling price of item B = 0.8 Ă— 3x = Rs. 2.4x Cost price of item A = 3.36/1.26 = Rs. 8x/3 Cost price of item B = 2.4/1.44 = Rs. 5x/3 Required ratio = 8x/3: 5x/3 = 8: 5
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