Multiple choice

The difference between the cost price of 2 articles is Rs. 50. If one of the articles is sold at 40% profit and the other is sold at 5% profit, then the selling price will be the same. Find the total cost of the 2 articles.

  1. Rs. 320

  2. Rs. 350

  3. Rs. 390

  4. Rs. 420

  5. Rs. 450
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Let CP1 = x, CP2 = y. x - y = 50. SP1 = 1.4x, SP2 = 1.05y. 1.4x = 1.05y => y = (1.4/1.05)x = (4/3)x. x - (4/3)x = 50 => -1/3x = 50 (take absolute difference). x = 150, y = 200. Total = 350.

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