Cost price of 36 kg article is Rs.1040 and the profit is equal to the selling price of 10 kg article. Find the selling price of 5 kg article?
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Step-by-step explanation:
Solution:-
Let the selling Price of each kg article be Rs. X
Cost Price of 36 kg articles = Rs. 1040
Cost Price of 1 kg articles
= Rs. 1040/36
=Rs. 260/9
Cost price of 1 kg articles = Rs. 260/9
Profit on 1 kg articles
=> Selling Price - Cost Price
=> X -(260/9)
=>Rs. (9X-260)/9
Profit on 36 kg articles = Selling Price of 10 kg articles
=> 36×[(9X-260)/9] = X×10
=> 4×(9X-260) = 10X
=> 36X -1040 = 10X
=> 36X -10X = 1040
=> 26X = 1040
=> X = 1040/26
=> X = 40
Selling Price = Rs. 40
Selling Price of each kg articles = Rs. 40
Selling Price of 5 kg articles = 5×40 = 200
Answer:-
Selling Price of 5 kg articles = Rs. 200 for the given problem
Used formula:-
- Profit= Selling Price - Cost Price
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