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Cost price of article A is Rs. 80 more than cost price of article B. Article A is sold at a profit of 40% while article B is sold at a loss of 20%. If average selling price of both articles is Rs. 584, then find the total selling price of both the articles when article A is sold at a profit of 225% while article B is sold at a profit of 250%?
  • a)
    Rs. 3600
  • b)
    Rs. 3200
  • c)
    Rs. 3300
  • d)
    Rs. 3500
  • e)
    None of these
Correct answer is option 'D'. Can you explain this answer?
Most Upvoted Answer
Cost price of article A is Rs. 80 more than cost price of article B. ...
Given information:
Cost price of article A = Cost price of article B + Rs. 80
Profit on article A = 40%
Loss on article B = 20%
Average selling price of both articles = Rs. 584

To find:
Total selling price of both articles when article A is sold at a profit of 225% and article B is sold at a profit of 250%.

Solution:
Let's assume the cost price of article B as x.

1. Calculating the cost price of article A:
Cost price of article A = Cost price of article B + Rs. 80
Cost price of article A = x + 80

2. Calculating the selling price of article A:
Profit on article A = 40%
Selling price of article A = Cost price of article A + Profit on article A
Selling price of article A = (x + 80) + (40/100) * (x + 80)
Selling price of article A = x + 80 + 0.4x + 32
Selling price of article A = 1.4x + 112

3. Calculating the selling price of article B:
Loss on article B = 20%
Selling price of article B = Cost price of article B - Loss on article B
Selling price of article B = x - (20/100) * x
Selling price of article B = x - 0.2x
Selling price of article B = 0.8x

4. Calculating the total selling price of both articles:
Total selling price of both articles = Selling price of article A + Selling price of article B
Total selling price of both articles = (1.4x + 112) + 0.8x
Total selling price of both articles = 2.2x + 112

5. Given that the average selling price of both articles is Rs. 584:
Average selling price of both articles = Total selling price of both articles / 2
584 = (2.2x + 112) / 2
1168 = 2.2x + 112
2.2x = 1168 - 112
2.2x = 1056
x = 1056 / 2.2
x = 480

6. Calculating the total selling price of both articles when article A is sold at a profit of 225% and article B is sold at a profit of 250%:
Total selling price of both articles = (1.4x + 112) + (1.25 * 0.8x)
Total selling price of both articles = (1.4 * 480 + 112) + (1.25 * 0.8 * 480)
Total selling price of both articles = (672 + 112) + (1.25 * 0.8 * 480)
Total selling price of both articles = 784 + (1.25 * 0.8 * 480)
Total selling price of both articles = 784 + 480
Total selling price of both articles = 1264 + 480
Total selling price of both articles = 1744

Therefore, the total selling price of both articles when article A is sold at a profit of 225% and article B is sold at a profit of 250
Free Test
Community Answer
Cost price of article A is Rs. 80 more than cost price of article B. ...
Let cost price of article B is Rs. ‘x’
So, cost price of article A = Rs. ‘x + 80’
According to question;
1.4 * (x + 80) + 0.8x = 584 × 2
1.4x + 112 + 0.8x = 1168
2.2x = 1168 – 112
x = 480
Cost price of article B = Rs. 480
Cost price of article A = 480 + 80 = Rs. 560
Total selling price = 3.25 × 560 + 3.5 × 480 = Rs. 3500.
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Cost price of article A is Rs. 80 more than cost price of article B. Article A is sold at a profit of 40% while article B is sold at a loss of 20%. If average selling price of both articles is Rs. 584, then find the total selling price of both the articles when article A is sold at a profit of 225% while article B is sold at a profit of 250%?a)Rs. 3600b)Rs. 3200c)Rs. 3300d)Rs. 3500e)None of theseCorrect answer is option 'D'. Can you explain this answer?
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Cost price of article A is Rs. 80 more than cost price of article B. Article A is sold at a profit of 40% while article B is sold at a loss of 20%. If average selling price of both articles is Rs. 584, then find the total selling price of both the articles when article A is sold at a profit of 225% while article B is sold at a profit of 250%?a)Rs. 3600b)Rs. 3200c)Rs. 3300d)Rs. 3500e)None of theseCorrect answer is option 'D'. Can you explain this answer? for Banking Exams 2024 is part of Banking Exams preparation. The Question and answers have been prepared according to the Banking Exams exam syllabus. Information about Cost price of article A is Rs. 80 more than cost price of article B. Article A is sold at a profit of 40% while article B is sold at a loss of 20%. If average selling price of both articles is Rs. 584, then find the total selling price of both the articles when article A is sold at a profit of 225% while article B is sold at a profit of 250%?a)Rs. 3600b)Rs. 3200c)Rs. 3300d)Rs. 3500e)None of theseCorrect answer is option 'D'. Can you explain this answer? covers all topics & solutions for Banking Exams 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Cost price of article A is Rs. 80 more than cost price of article B. Article A is sold at a profit of 40% while article B is sold at a loss of 20%. If average selling price of both articles is Rs. 584, then find the total selling price of both the articles when article A is sold at a profit of 225% while article B is sold at a profit of 250%?a)Rs. 3600b)Rs. 3200c)Rs. 3300d)Rs. 3500e)None of theseCorrect answer is option 'D'. Can you explain this answer?.
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