New 55% Off on All Courses - Enroll Now! Click Here

    Question

    A seller sells two items, one at a 25% profit and the

    other at a 15% loss. If the selling prices of both items are the same and the overall transaction results in neither profit nor loss, find the ratio of the cost prices of the two items.
    A 12:17 Correct Answer Incorrect Answer
    B 13:15 Correct Answer Incorrect Answer
    C 15:17 Correct Answer Incorrect Answer
    D none Correct Answer Incorrect Answer

    Solution

    Let the cost price of the two items be x and y. Selling price of 1st article = 125% of x Selling price of 2nd article = 85% of y According to question- 125% of x = 85% of y 125x = 85y x/y = 17: 25 = 17: 25

    Practice Next