Question
The cost price of article A is 30% more than that of
article B. The selling price of article B is 90% of the selling price of article A. If the profit earned by selling article A is equal to the profit earned by selling article B. Then find the percentage profit earned on selling article B.Solution
ATQ,
Let CP of B = 100 β CP of A = 130 Let profit = P Then: SP of A = 130 + P SP of B = 100 + P Given: 100 + P = 0.9 Γ (130 + P) β 100 + P = 117 + 0.9P β 0.1P = 17 β P = 170 % profit on B = (170 / 100) Γ 100 = 170%
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Statements...
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