Question
The ratio between the cost price of a cup and a glass is
8:5 respectively. The cup is sold at a profit of 37.5% and glass is sold at a loss of 20%. If the selling price of cup is Rs. 660, then find the selling price of the glass.Solution
Cost price of the cup = Rs. 660 X (8/11) = Rs. 480
So, the cost price of the glass = Rs. 480 X (5/8) = Rs. 300
Therefore, required selling price = Rs. 300 X 0.8 = Rs. 240
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