Multiple choice

A vendor sold two magazines namely A and B. He sold magazine ‘A’ at a loss of 20% and magazine ‘B’ at a profit of 25% but finally there is no loss or no gain. If the total Selling Price of both magazines is Rs.450. Find the difference between the Cost Price of Magazine ‘A’ and ‘B’.

  1. Rs. 60

  2. Rs. 50

  3. Rs. 75

  4. Rs. 85

  5. None of the Above

Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Let CP_A = x, CP_B = y. SP_A = 0.8x (20% loss), SP_B = 1.25y (25% profit). Total SP = 450, and no net gain/loss means total CP = total SP = 450. Also: 0.8x + 1.25y = 450. We need |x - y|. From x + y = 450 and 0.8x + 1.25y = 450. Solving: 0.8x + 1.25(450 - x) = 450 gives x = 200, y = 250. Difference = |200 - 250| = 50.