LIC AAO 06 Mar 2016 Paper

Question : 48 of 160

Marks: +1, -0

The cost price of article A is Rs. 100 more than the cost price of article B. Article A was sold at 40% profit and article B was sold at 40% loss. If the overall profit earned after selling both the articles is 5%. what is the cost price of article B ?

Rs. 300
Rs. 400
Rs. 250
Rs. 350
Rs. 850

Validate

Solution:

C.P. of article B = Rs. x C.P. of article A = Rs. (x+ 100) According to the question,
(x + 100) ×

{40}/{100}

{x×40}/{100}

= (2x + 100) x ×

5/{100}

⇒ 40x + 4000 - 40x = 10x + 500
⇒ 10x= 4000 - 500 = 3500
⇒ x =

{3500}/{10}

= Rs. 350

Go to Question:

Prev Question

Next Question