Knowee
Questions
Features
Study Tools

The ratio between marked price of article A to article B is 4 : 5 respectively. Shopkeeper allowed d% discount on article ‘A’ and (d + 18) % discount on article ‘B’, so selling price of both articles become equal. If shopkeeper made a profit of 20% on article A and 25% on article B and profit made on article B is Rs. 384 more than that of article A, then find the cost price of article ‘A’ and article ‘B’ respectively?

Question

The ratio between marked price of article A to article B is 4 : 5 respectively. Shopkeeper allowed d% discount on article ‘A’ and (d + 18) % discount on article ‘B’, so selling price of both articles become equal. If shopkeeper made a profit of 20% on article A and 25% on article B and profit made on article B is Rs. 384 more than that of article A, then find the cost price of article ‘A’ and article ‘B’ respectively?

...expand
🧐 Not the exact question you are looking for?Go ask a question

Solution

Let's solve the problem step by step:

Step 1: Let's assume the cost price of article A is 'x' and the cost price of article B is 'y'.

Step 2: The marked price of article A is 4 times the cost price, so the marked price of article A is 4x.

Step 3: The marked price of article B is 5 times the cost price, so the marked price of article B is 5y.

Step 4: The shopkeeper allowed a discount of d% on article A, so the selling price of article A becomes (100 - d)% of the marked price of article A, which is (100 - d)% of 4x.

Step 5: The shopkeeper allowed a discount of (d + 18)% on article B, so the selling price of article B becomes (100 - (d + 18))% of the marked price of article B, which is (100 - (d + 18))% of 5y.

Step 6: According to the given information, the selling price of both articles is equal. Therefore, we can equate the selling prices of article A and article B.

Step 7: (100 - d)% of 4x = (100 - (d + 18))% of 5y

Step 8: Simplifying the equation, we get: (100 - d)/100 * 4x = (100 - (d + 18))/100 * 5y

Step 9: Canceling out the common factors, we get: (100 - d) * 4x = (100 - (d + 18)) * 5y

Step 10: Expanding the equation, we get: 400x - 4dx = 500y - 5dy - 900y

Step 11: Simplifying further, we get: 400x - 4dx = -400y - 5dy

Step 12: Rearranging the terms, we get: 400x + 400y = -4dx - 5dy

Step 13: Dividing both sides by 4, we get: 100x + 100y = -dx - (5/4)dy

Step 14: According to the given information, the shopkeeper made a profit of 20% on article A and 25% on article B. Therefore, we can write the profit made on article A as 20% of the cost price of article A, which is 0.2x, and the profit made on article B as 25% of the cost price of article B, which is 0.25y.

Step 15: According to the given information, the profit made on article B is Rs. 384 more than that of article A. Therefore, we can write the equation: 0.25y - 0.2x = 384

Step 16: Now we have two equations: 100x + 100y = -dx - (5/4)dy 0.25y - 0.2x = 384

Step 17: We can solve these equations simultaneously to find the values of x and y, which represent the cost price of article A and article B, respectively.

This problem has been solved

Similar Questions

The ratio of marked price to selling price of an article is 5 : 3 and shopkeeper gets a profit of 40%. If shopkeeper sells the article at its marked price, then the difference between cost price and marked price of article is Rs. 400. Find the cost price of the article?

Cost price of an article is Rs.100 and discount given on the article is Rs.4 more than the profit earned on it. If ratio of selling price to marked price of the article is 41 : 50 then find the discount offered

Cost price of an article is Rs. A. and a shopkeeper marked that article B% above its cost price. He allows 25% discount on marked price and earned profit of Rs. (B+20). If the same article is marked up by (B+5) % and allows same discount and earned profit of Rs. (B+65), then which of the following is/are correct.

A shopkeeper marked up the price of an article by 40% above cost price and he allows 25% discount on marked price. If shopkeeper earns Rs. 420 as profit, then find his profit (in Rs.) when he allows discount of 20% instead of 25%?

A shopkeeper marked up the price of article P by 20% and give discount of d%, then he gets a loss of (d – 11) %. If cost price of article Q is Rs.200 and gets a profit of 1.5d%, then find the selling price of the article Q.Rs.335Rs.305Rs.300Rs.345Rs.330

1/3

Upgrade your grade with Knowee

Get personalized homework help. Review tough concepts in more detail, or go deeper into your topic by exploring other relevant questions.