Question

a shopkeeper sold two articles each for rs. 1560.he secured 20 % profit on first and 30 % profit on other. what was the total cost price of both the articles

Answer 1

Answer:

Total cost price = Rs 2500

Step-by-step explanation:

Let cost price of first article be x

Let cost price of second article be y.

According to question

Profit on article 1 = 20%

x + 20/100 *x = 1560

x+ x/5 = 1560

6x/5 = 1560

x= Rs 1300

Profit on article 2= 30%

y+ 30/100*x = 1560

y+ 3/10*x = 1560

13y/10 = 1560

y= Rs 1200

Total cost = x+y = 1300+1200

                      = Rs 2500