Question

The cost price of an article 'A' is `160 and selling price of another article 'B' is `240. If the selling price of
A will be equal to the cost price of B, then the profit after selling 'A' is 20%. Find the profit on 'B'.

Answer 1

Answer:

Selling price of A = 160 * 1.2 = Rs 192 =

Cost price of B

Profit on selling B = (240 - 192)/ 192 * 100

                              = 25 %

Answer 2

Answer:

let the profit on of B is X

Cost price of B is S.P-Profit,as we know

then 160+20%of 160=240-X

*160+20/100×160=240-X

*160+32=240-X

*192=240-X

*X=240-192=48

Cost Price of B=240-48=192.