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    Question

    A purchased an article for Rs 1560. She sold the article at 10% profit. She then added Rs 325 to the amount received and purchased a purse such that the seller of purse gained 25%. Find the cost price of purse for the seller.

    A Rs. 1632.80 Correct Answer Incorrect Answer
    B Rs. 1400 Correct Answer Incorrect Answer
    C Rs. 1623.20 Correct Answer Incorrect Answer
    D Rs. 1529.60 Correct Answer Incorrect Answer

    Solution

    Amount received by A after selling the article = 1.10 × 1560 = Rs. 1716
    Therefore, selling price of the purse for the seller = 1716 + 325 = Rs. 2041
    Let the cost price of the purse for the seller be Rs. x
    According to the question, 1.25x = 2041
    Or, x = 2041/1.25 = 1632.80
    Therefore, cost price of the purse for the seller = Rs. 1632.80

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