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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 |
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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 |
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