Multiple choice

A man purchases two clocks A and B at a total cost of Rs 650. He sells A at 20% profit and B at a loss of 25% and gets the same selling price for both the clocks. What are the purchasing prices of A and B respectively?

  1. Rs. 225, Rs. 425

  2. Rs. 275, Rs. 375

  3. Rs. 250, Rs. 400

  4. Rs. 300, Rs. 350

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

Let A and B be the costs. 1.2A = 0.75B. Since A + B = 650, substitute B = 650 - A. 1.2A = 0.75(650 - A) leads to 1.2A = 487.5 - 0.75A, so 1.95A = 487.5, A = 250. Then B = 400.

AI explanation

Let the cost price of clock A be $x$, so the cost price of clock B is (650 minus $x$). The selling price of A is 1.20$x$ and the selling price of B is 0.75(650 minus $x$). Setting the selling prices equal gives 1.20$x$ = 0.75(650 minus $x$), which simplifies to 1.95$x$ = 487.5. Solving for $x$ gives Rs. 250, meaning the cost price of clock A is Rs. 250 and the cost price of clock B is Rs. 400.