๐Ÿ“ข Too many exams? Donโ€™t know which one suits you best? Book Your Free Expert ๐Ÿ‘‰ call Now!

  • google app store apple app store
  • โœ–

      Question

      A vendor made a profit of 22% on an article, while another

      vendor sold the same article for a 19% profit. If the first vendorโ€™s profit was Rs. 45 more than the second vendorโ€™s profit, what was the cost price of the article?
      A Rs.1700 Correct Answer Incorrect Answer
      B Rs.1450 Correct Answer Incorrect Answer
      C Rs.1500 Correct Answer Incorrect Answer
      D Rs.1800 Correct Answer Incorrect Answer

      Solution

      ATQ;
      Let the cost price of the article = Rs. โ€˜xโ€™
      Selling price of the article for the first vendor = Rs. โ€˜1.22xโ€™
      Selling price of the article for the second vendor = Rs. โ€˜1.19xโ€™
      ATQ;
      (1.22x โ€“ 1.19x) = 45
      Or, 0.03x = 45
      So, x = 45 / 0.03 = 1500
      Therefore, cost price of the article = Rs. 1,500

      Practice Next

      Relevant for Exams:

      ask-question