The cost price of an article 'A' is Rs. 160 and selling price of another article 'B' is Rs. 240.

The cost price of an article 'A' is Rs. 160 and selling price of another article 'B' is Rs. 240.
Posted on 20-03-2023

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

(a) 16.66%

(b) 50%

(c) 25%

(d) none of these 

Solution - 

CP of article 'A' = 160

SP of article 'B' = x

Profit of A = 20%

Profit of A = 1/5

Here,

CP = 5, SP = 6

160 = 5

1 = 160/5

1 = 32

SP = 6

SP = 6 × 32

SP of A = 192

If the selling price of 'A' will be equal to the cost price of B,

CP of B = 192

SP of B = 240

Profit = SP - CP

= 240 - 192

= 48

Profit % = (48/192) × 100

= 25%

Therefore,

The profit of B is 25%.

Hence,

The correct answer is option (c) 25%.

Thank You