Question

    A shopkeeper bought article ‘A’ for Rs. ‘x’ and marked it 25% above its cost price and sold it for Rs. 2600. Marked price of article ‘B’ is Rs. 500 more than that of article ‘A’ while selling price of article ‘B’ is Rs. 200 more than that of ‘A’. Find the cost price of article ‘A’ if article ‘B’ is sold at a discount of 20%.

    A Rs. 2000 Correct Answer Incorrect Answer
    B Rs. 2500 Correct Answer Incorrect Answer
    C Rs. 2400 Correct Answer Incorrect Answer
    D Rs. 2440 Correct Answer Incorrect Answer

    Solution

    Selling price of article ‘B’ = 200 + 2600 = Rs. 2800 Marked price of article ‘B’ = 2800/0.80 = Rs. 3500 Marked price of article ‘A’ = 3500 – 500 = Rs. 3000 Cost price of article ‘A’ = 3000/1.25 = Rs. 2400

    Practice Next