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Question

The difference between selling an article at 6% profit and at 9% profit is Rs. 9. Find the cost price of the article and also the two selling prices.

A
Rs.120;Rs.318;Rs.180
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B
Rs.180;Rs.318;Rs.210
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C
Rs.300;Rs.318;Rs.327
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D
Rs.520;Rs.318;Rs.439
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Solution

The correct option is D Rs.300;Rs.318;Rs.327


For the first situation,
Profit % =S.P.C.P.C.P.×100=6
=>S.P.C.P.=0.06C.P.
=>S.P.=1.06C.P --- (1)

For the second situation, Selling price = Selling price of 1st situation )Rs9
And Cost price is same

So, Profit % =S.P.C.P.C.P.×100+9
=>S.P.+9C.P.C.P.×100=9
=>S.P.+9C.P.=0.09C.P.
=>S.P.=1.09C.P9 --- (2)

From, equations 1, 2
1.06C.P.=1.09C.P9
=>0.03C.P.=9
C.P.=Rs300

Thus, cost price of the article =Rs300
Selling price of 1st article 1.06C.P=1.06×300=Rs318
Selling price of 2nd article Rs318+Rs9=Rs327


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