Cost price of article A is ₹ 200 more than the cost price of article B. Article A was sold at 10% loss and article B was sold at 25% profit. If the overall profit earned after selling both the…
Question and options
Cost price of article A is ₹ 200 more than the cost price of article B. Article A was sold at 10% loss and article B was sold at 25% profit. If the overall profit earned after selling both the articles is 4%, then what is the cost price of article B?
- ₹ 300
- ₹ 400
- ₹ 450
- ₹ 500
Answer and explanation
Correct answer: B - ₹ 400
B = x, A = x+200: 0.9(x+200) + 1.25x = 1.04(2x+200) -> 2.15x + 180 = 2.08x + 208 -> x = 400.
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