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A man sells two articles. The cost price of the first article is equal to the selling price of the second article. The first article is sold at a profit of 20% and the second articles is sold at a loss of 20%. What is the ratio of the selling price of the first article and the cost price of the second article?
  • a)
    24 : 25
  • b)
    25 : 24
  • c)
    29 : 27
  • d)
    27 : 29
Correct answer is option 'A'. Can you explain this answer?
Verified Answer
A man sells two articles. The cost price of the first article is equal...
Let the cost price of the first article be Rs. ‘x’
But, the first article is sold at a profit of 20%,
⇒ Selling price of first article = x + 20% of x = x + x/5 = (6/5)x
Now,
Selling price of second article = Cost price of first article = Rs. x
But, the second article is sold at a loss of 20%,
⇒ (100 - 20)% of Cost price of second article = Selling price
⇒ 80% of Cost price of second article = Selling price
⇒ (4/5) × Cost price of second article = x
⇒ Cost price of second article = (5/4)x
∴ Required ratio = (6x/5) ∶ (5x/4) = 24 ∶ 25
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Most Upvoted Answer
A man sells two articles. The cost price of the first article is equal...
Given:
Cost price of the first article = Selling price of the second article
Profit on first article = 20%
Loss on second article = 20%

To find:
Ratio of selling price of first article and cost price of second article

Solution:
Let the cost price of the first article be x
Therefore, the selling price of the first article = x + 20% of x = 1.2x
Also, the selling price of the second article = x (as given)

The loss on the second article = 20%
Therefore, the selling price of the second article = 0.8x

Now, we need to find the ratio of selling price of first article and cost price of second article
Ratio = (Selling price of first article) : (Cost price of second article)
Ratio = 1.2x : x
Ratio = 6 : 5
Ratio = 24 : 20 (dividing both sides by 5)
Ratio = 24 : 25 (dividing both sides by 4)

Therefore, the ratio of selling price of first article and cost price of second article is 24 : 25 (option A).
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A man sells two articles. The cost price of the first article is equal to the selling price of the second article. The first article is sold at a profit of 20% and the second articles is sold at a loss of 20%. What is the ratio of the selling price of the first article and the cost price of the second article?a)24 : 25b)25 : 24c)29 : 27d)27 : 29Correct answer is option 'A'. Can you explain this answer?
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A man sells two articles. The cost price of the first article is equal to the selling price of the second article. The first article is sold at a profit of 20% and the second articles is sold at a loss of 20%. What is the ratio of the selling price of the first article and the cost price of the second article?a)24 : 25b)25 : 24c)29 : 27d)27 : 29Correct answer is option 'A'. Can you explain this answer? for Railways 2024 is part of Railways preparation. The Question and answers have been prepared according to the Railways exam syllabus. Information about A man sells two articles. The cost price of the first article is equal to the selling price of the second article. The first article is sold at a profit of 20% and the second articles is sold at a loss of 20%. What is the ratio of the selling price of the first article and the cost price of the second article?a)24 : 25b)25 : 24c)29 : 27d)27 : 29Correct answer is option 'A'. Can you explain this answer? covers all topics & solutions for Railways 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for A man sells two articles. The cost price of the first article is equal to the selling price of the second article. The first article is sold at a profit of 20% and the second articles is sold at a loss of 20%. What is the ratio of the selling price of the first article and the cost price of the second article?a)24 : 25b)25 : 24c)29 : 27d)27 : 29Correct answer is option 'A'. Can you explain this answer?.
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