The cost price of two articles is same, one of them is sold at a profit of 13%…
2024
The cost price of two articles is same, one of them is sold at a profit of 13% while the other one is sold at a profit of 19%. If the difference between their selling prices is Rs. 126, the cost price of each article is:
- A.
Rs. 1800
- B.
Rs. 1900
- C.
Rs. 2000
- D.
Rs. 2100
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Correct answer: D
Let the cost price of each article be C. Selling price of first article = 1.13C. Selling price of second article = 1.19C. Difference in selling prices = 1.19C - 1.13C = 0.06C. Given difference is Rs. 126, so 0.06C = 126. Therefore, C = 126 / 0.06 = Rs. 2100.