Cost price of article A is ₹ 200 more than the cost price of article B. Article A was sold at 10% loss and article B was sold at 25% profit. If the overall profit earned after selling both the articles is 4%, then what is the cost price of article B?
Cost price of article A is ₹ 200 more than the cost price of article B. Article A was sold at 10% loss and article B was sold at 25% profit. If the overall profit earned after selling both the articles is 4%, then what is the cost price of article B?
Solution
✅ Correct Option: 2
Let the cost price of article B be
Then, the cost price of article A is
Article A is sold at loss, so Seling Price of A
Article B is sold at profit, so Selling Price of B
The total cost price
Total selling price
Also, overall profit is , so total selling price =
Thus, we get Selling Price:
Hence, the correct answer is Option 2.