Multiple choice

The cost price of article B is 20% more than that of article A. Articles A and B were marked up by 50% and 25% respectively. Article A was sold at a discount of 4% and article B was sold at a discount of 0.5%. If the selling price of article B was Rs.28.35 more than the selling price of article A, what was the cost price of aritcle A?

  1. Rs.600

  2. Rs.400

  3. Rs.500

  4. Rs.540

  5. Rs.480
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Let CP of A = x. CP of B = 1.2x. MP of A = 1.5x. SP of A = 1.5x×0.96 = 1.44x. MP of B = 1.2x×1.25 = 1.5x. SP of B = 1.5x×0.995 = 1.4925x. Difference = 1.4925x - 1.44x = 0.0525x = 28.35. So x = 28.35/0.0525 = 540. CP of A = Rs.540.

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