Question : The selling prices of articles A and B are the same. A is sold at a profit of 28% and B is sold at a loss of 24%. If the total selling price of both articles is INR 48640, then what is the cost price of A and B, respectively?
Option 1: INR 26000 and INR 40000
Option 2: INR 24000 and INR 38000
Option 3: INR 17000 and INR 28000
Option 4: INR 19000 and INR 32000
Latest: SSC CGL preparation tips to crack the exam
Don't Miss: SSC CGL complete guide
New: Unlock 10% OFF on PTE Academic. Use Code: 'C360SPL10'
Correct Answer: INR 19000 and INR 32000
Solution : Given: The selling prices of articles A and B are the same. A is sold at a profit of 28% and B is sold at a loss of 24%. According to the question, 2 SP = INR 48640 ⇒ SP = INR 24320 Use the formulas, Profit = SP – CP Loss = CP – SP Loss percentage = $\frac{\text{Loss}}{CP}\times 100$ Profit percentage = $\frac{\text{Profit}}{CP}\times 100$ Where SP = selling price and CP = cost price. For the article A, Profit = 24320 – CP ⇒ 28 = $\frac{24320–CP}{CP}\times 100$ ⇒ 0.28 CP = 24320 – CP ⇒ 1.28 CP = 24320 ⇒ CP = INR 19000 For the article B, Loss = CP – 24320 ⇒ 24 = $\frac{CP–24320}{CP}\times 100$ ⇒ 0.24 CP = CP – 24320 ⇒ 0.76 CP = 24320 ⇒ CP = INR 32000 Hence, the correct answer is INR 19000 and INR 32000.
Candidates can download this ebook to know all about SSC CGL.
Admit Card | Eligibility | Application | Selection Process | Preparation Tips | Result | Answer Key
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
Question : Anil bought two articles A and B at a total cost of INR 10,000. He sold Article A at a 15% profit and Article B at a 10% loss. In the whole deal, he made no profit or loss. Find the selling price of the article A.
Question : An article is sold at a 25% loss. If its cost price is doubled and the selling price is increased by INR 660, then there is a profit of 20%. What is the original cost price of the article?
Question : The bar chart below shows the discount percentage offered by a shopkeeper in seven articles. The selling price of these seven articles: A1, A2, A3, A4, A5, A6, and A7 is Rs. INR 420, INR 600, INR 816, INR 825, INR 425, INR 800, and INR 840.
Question : Ram sold an item costing INR 1,250 at a gain of 18% to Ramesh. It was again sold by Ramesh to Shyam at a loss of 10%. Find the selling price of Ramesh.
Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile