Q.
A merchant gets ₹1160 by selling article A at 30% profit and B at 20% loss. He gets the same amount if he sells A at 20% loss and B at 5% profit. The cost price of article B is__
334
152
Ratio, Proportion and Variation
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Answer: 600
Solution:
Let the cost price of articles A and B be a and b, respectively.
Given, 1.4a+0.7b=1050(1) 0.8a+1.15b=1050(2) 0.8× Eq. (1) −1.4× Eq. (2) 1.12a+0.56b=840 1.12a+1.61b=1470 1.05b=630 b=630/1.05=600