13 Views

Question : The selling price of one article after allowing a discount of 15% on its cost price, is the same as the selling price of another article after allowing a discount of 25% on its cost price. If the sum of the cost prices of both the articles is INR 640, then find the selling price of each article.

Option 1: INR 250

Option 2: INR 340

Option 3: INR 280

Option 4: INR 255


Team Careers360 12th Jan, 2024
Answer (1)
Team Careers360 18th Jan, 2024

Correct Answer: INR 255


Solution : Let the cost price of the 1st article be $x$ and the 2nd article be $y$
According to the question,
(100 – 15)% × $x$ = (100 – 25)% × $y$
⇒ $85\% × x = 75\% × y$
⇒ $\frac{x}{y} = \frac{15}{17}$
Let the $x$ and $y$ value as $15a$ and $17a$ respectively.
According to the question,
⇒ $15a + 17a = 640$
⇒ $32a = 640$
⇒ $a = 20$
Thus, $15a = 300$
The cost price of 1st article = INR 300
The selling price of the 1st article = 85% of 300
= $\frac{85}{100}\times300$
= 255
Hence, the correct answer is INR 255.

SSC CGL Complete Guide

Candidates can download this ebook to know all about SSC CGL.

Download EBook

Know More About

Related Questions

TOEFL ® Registrations 2024
Apply
Accepted by more than 11,000 universities in over 150 countries worldwide
Manipal Online M.Com Admissions
Apply
Apply for Online M.Com from Manipal University
View All Application Forms

Download the Careers360 App on your Android phone

Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile

150M+ Students
30,000+ Colleges
500+ Exams
1500+ E-books