Question Details

A person marked up two articles, A & B, 20% & 25%, respectively, above their cost price & gave a discount of 15% on A & 10% on B. The difference between the selling prices of both the articles is Rs 618. Find the cost price (in Rs) of article B if the ratio of the cost prices of A & B is 4:5, respectively.

Options

A

3000

B

4200

C

4500

D

2000

Show Answer

Correct Answer :

Option D

2000

Solution :

The correct option is 2000.


Step 1: Express the Cost Prices in terms of a variable
The ratio of the cost prices of articles A and B is given as 4 : 5.
Let the cost price of article A (CPA) be 4x and the cost price of article B (CPB) be 5x.


Step 2: Calculate the Marked Price (MP) for both articles
Article A is marked up by 20% above its cost price:

MPA=4x×(1+0.20)=4x×1.20=4.8x

Article B is marked up by 25% above its cost price:

MPB=5x×(1+0.25)=5x×1.25=6.25x


Step 3: Calculate the Selling Price (SP) for both articles
A discount of 15% is given on article A:

SPA=4.8x×(1-0.15)=4.8x×0.85=4.08x

A discount of 10% is given on article B:

SPB=6.25x×(1-0.10)=6.25x×0.90=5.625x


Step 4: Equate the difference between the selling prices
The difference between the selling prices of the two articles is given as Rs 618:

SPB-SPA=618

5.625x-4.08x=618

1.545x=618

x=6181.545=400


Step 5: Determine the cost price of Article B
Substitute the value of x back into the expression for CPB:

CPB=5x=5×400=2000

Hence, the cost price of article B is Rs 2000.

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