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    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.
    A Rs.200 Correct Answer Incorrect Answer
    B Rs.320 Correct Answer Incorrect Answer
    C Rs.280 Correct Answer Incorrect Answer
    D Rs.240 Correct Answer Incorrect Answer

    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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