Question
The average cost price of articles 'M' and 'N' together is
Rs. 500 where the cost price of article 'N' is Rs. 100 more than that of article 'M'. If articles 'M' and 'N' are sold at profit of 15% and profit of 10%, respectively, then find the difference between their selling prices.Solution
ATQ,
Let the cost price of article 'M' = Rs. '10x'
Then, cost price of article 'N' = Rs. (10x + 100)
Sum of cost price of articles 'M' and 'N' = 10x + 10x + 100 = Rs. (20x + 100) = 500 × 2
Or, 20x + 100 = 1000
Or, 20x = 900
Or, x = 45
Cost price of articles 'M' and 'N' are Rs. 450 and Rs. 550, respectively
Selling price of article 'M' = 450 × 1.15 = Rs. 517.5
Selling price of article 'N' = 550 × 1.1 = Rs. 605
Required difference = 605 - 517.5 = Rs. 87.5
Who was appointed as the Managing Director (MD) of the National Film Development Corporation (NFDC) in May 2025?
- The Mandovi River is often referred to as the lifeline of which Indian state?
The launch of the “Shatavari – For Better Health” campaign by the Ministry of Ayush focuses on promoting which medicinal plant?
Which of the following statements about the 38th National Games are correct?
1. Uttarakhand is hosting the National Games for the first time.
...Which country officially declared the bald eagle as its national bird in 2024?
Principles of Political Economy and Taxation, which introduced the theory of comparative advantage, was authored by:
The Olympic Winter Games 2026 would be played in_______.
- The Serengeti Wildlife Sanctuary is located in:
On which date ‘International Day of Families’ is celebrated every year?
- During spring, plants primarily transport stored food from their roots to which structures?
