A man has two articles A and B, to find the selling price of article B which…

2024

A man has two articles A and B, to find the selling price of article B which statement or statements is/are required to answer the question.
A. Total amount received by man after selling six article A and four article B is Rs.240, Form this total amount either man could buy nine article A & four article B or three article A and eight article B.
B. The ratio of profit percent on selling article A and article B is same.
C. Total profit earned on selling one article B is Rs. 6 and profit percentage on selling one article A is 25%. The selling price and the cost price of article B are Rs.10 and Rs.8 more than that of article A respectively.

  1. A.

    Either A and B together or B and C together are sufficient to answer the question

  2. B.

    Either A and B together or C alone is sufficient to answer the question

  3. C.

    Either A and C together or B and C together are sufficient to answer the question

  4. D.

    A, B and C together are sufficient to answer the question

  5. E.

    Either only B or A and C together are sufficient to answer the question

Attempted by 5 students.

Show answer & explanation

Correct answer: B

Statement C alone is sufficient: article B has Rs. 6 profit, and its selling price and cost price are Rs. 10 and Rs. 8 more than article A. This gives article A's profit as Rs. 4; with 25% profit on A, A's cost price is Rs. 16 and A's selling price is Rs. 20, so B's selling price is Rs. 30.

Statements A and B together are also sufficient because A sets up the selling-price/cost-price equations and B links the profit percentages.

Therefore either A and B together or C alone is sufficient.

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