cost price of article A Is rupees 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 40/3 of the cost price of A then find profit earned on B if profit % earned on A is 100/3
Answers
Given : cost price of article A Is rupees 600 more than that of B
and selling price of A is RS 1200 more than that of B
difference between profit earned on selling these two articles is 40/3 % of the cost price of A
profit % earned on A is 100/3
To Find : profit earned on B
Solution:
Let say cost price of B = 300C Rs
cost price of article A = 300C + 600 Rs
Let say Selling price of B = 300S Rs
Selling price of article A = 300S + 1200 Rs
Profit Earned on B = 300S - 300C = 300(S - C) Rs
Profit Earned on A = 300S + 1200 - 300C - 600 = 300(S - C) + 600 Rs
difference between profit earned = 300(S - C) + 600 - 300(S - C) = Rs 600
40/3 of the cost price of A = (40/300) (300C + 600 ) = 40C + 80 Rs
40C + 80 = 600
=> 40C = 520
=> C = 13
=> 300C = 3900 Rs
cost price of B = 3900 Rs
cost price of A = 4500 Rs
profit % earned on A is 100/3
=> 4500 + (100/300)4500 = 6000 = 300S + 1200
=> 300S = 4800
Selling price of B = 4800
cost price of B = 3900
Selling price of B = 4800
Profit = 900 Rs
Profit % = (900/3900) * 100 = 300/13 % = 23.1 %
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