Multiple choice

A man buys two articles for Rs. 720. He sells article X at 37.5% loss and article Y at 12.5% profit. In overall transaction there is no profit no loss. Find 40% of cost price of article Y?

  1. 108

  2. 216

  3. 432

  4. 218

  5. None of these
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Let CP of X = x, Y = y. x + y = 720. SP: X sold at 37.5% loss so SP = 0.625x. Y sold at 12.5% profit so SP = 1.125y. No profit no loss: 0.625x + 1.125y = 720. Solving: y = 540. 40% of 540 = 216. Answer B is correct.

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