1.

Anil bought two articles A and B at a total cost of Rs. 10,000. He sold the article A at 15% profit and the article B at 10% loss. In the whole deal, he made no profit or no loss. Find the selling price of the article A.1. Rs. 4,2002. Rs. 5,4003. Rs. 4,5004. Rs. 4,600

Answer» Correct Answer - Option 4 : Rs. 4,600

Given-  

Total cost of A and B = Rs. 10000

Profit% on article A = 15%

Loss% on article A = 10%

Concept Used-

Profit% = (SP - CP)/CP × 100       [where CP = Cost Price and SP = Selling Price]

Loss% = (CP - SP)/CP × 100      [where CP = Cost Price and SP = Selling Price]

Calculation-

Let the CP of two articles be A and B be x and y respectively.

According to Condition -

15% of x = 10% of y                    [∵ Profit on A = Loss on B]

⇒ x : y = 2 : 3

x = 2/5 × 10000       ∵ x + y = 10000

⇒ x = 4000

SP of article A = 4000 × (1 + 15%)

⇒ 4600

∴ The selling price of the article A is Rs. 4600



Discussion

No Comment Found

Related InterviewSolutions