Question

There are two shopkeepers, first shopkeeper calculates his profit percent on the selling price whereas the second shopkeeper calculates his profit percent on the cost price. If the selling price for both the shopkeeper is same and the difference between their profits is ₹17 5. Then, calculate the sum of the cost price for both the shopkeeper if the profit percent for the both shopkeeper is 25%?
A. ₹5425
B. ₹4875
C. ₹4675
D. ₹5275

Answer 1

Correct Answer - A
Let thee selling price for each of the shopkeeper be ₹ 100x .
For `1^(st)` shopkeeper.
SP = ₹ 100x.
`CP = 100 xx (75)/(100) = ₹ 75x`
For `2^(nd)` shopkeeper
SP = ₹ 100x
`CP = 100x xx(100)/(125) = ₹ 80x`
ATQ,
`rArr 25x - 20x = ₹ 175`
`rArr x = 35`