Question

Ram sold an article at 5000 and he made 25% of the profit. Sonu sold another article at 20% loss what is the selling price of Sonu's article if the ratio of the cost price of ram's article and cost price of Sonu's article is 1 : 2?
1. 7200
2. 6400
3. 8800
4. 9200

Answer 1

Correct Answer - Option 2 : 6400

Given:

The selling price of Ram's article = 5000

Calculation:

Let be assume the cost price of Ram's article is p

⇒ p × (100 + 25)/100 = 5000

⇒ p = 4000 

⇒ The cost price of Sonu's article = 4000 × (2) = 8000

⇒ The selling price of Sonu's article = 8000 × (80/100) = 6400 rupees

∴ The required result will be 6400.