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There were two articles and sum of cost price of these articles is Rs. 3,900. One of them was sold at a profit of 25% and another at loss of 30%, If the selling price of both the articles were same find the amount loss.1. Rs. 3002. Rs. 4003. Rs. 4054. Rs. 4205. None of these |
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Answer» Correct Answer - Option 2 : Rs. 400 Given: Cost price = Rs.3,900 One of them was sold at a profit of 25% and another at loss of 30% Concept: Loss amount = Cost price – selling price Calculation: Let, Cost price of first article = Rs.x Then, Cost price of second article = Rs.(3900 – x) From question, x{1 +(25/100)} = (3900 – x){1 – (30/100)} ⇒ 5x/2 = (7/5) × (3900 – x) ⇒ 25x = 14 × 3900 – 14x ⇒ 39x = 14 × 3900 ⇒ x = Rs.1,400 First article cost = Rs.1,400 Second article cost = 3900 – 1400 = Rs.2,500 Selling price of First article = 1400 × (125/100) = Rs.1,750 Selling price of Second article = 2500 × (70/100) = Rs.1,750 Total selling price of two articles = 1750 + 1750 = Rs.3,500 Loss amount = 3900 – 3500 = Rs.400 ∴ Amount of overall loss is Rs.400.
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