Cost price of article A is Rs 600 more than that of B and selling price of A is Rs 1200 more than that of B .If difference between profit earned on selling these two articles is 131/3% of the cost price of A then find profit earned on B if profit % earned on A is 331/3%?
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This can be calculated 2 ways.
If the profit is 20% of revenue then the cost is Rs. 320
x=20% profit each
5x=sales price each [5*20%]
3x-2x=80 [The difference in profit is the constant value specified]
Cost is (5–1)*80
If the profit is 20% of cost of stock then the cost is Rs. 400
x=20% of cost
x=80 [3x-2x=80]
cost of stock=80*5
100%=400
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