Abhi bought two articles for ₹624. He sold one at a loss of 14% and the other at a profit of 14%.If the selling price of both the articles is equal, then the difference between their cost prices (in ₹)is:
As per given in the question,
The cost price of the two articles $$=624$$ Rs
First article sold at the loss of 14%,
Second article sold at the gain of 14%,
Let the sold price of both article =x Rs.
Hence, the cost price of the first article =86x Rs.
The cost price of the second article =114x Rs.
Hence the cost price of the article $$86x+114x =624$$
$$\Rightarrow 200x=624$$
$$\Rightarrow x=\dfrac{624}{200}=3.12$$
Hence, the cost price of the first article $$=86\times 3.12 =268.32$$Rs.
the cost price of the second article $$=114\times 3.12=355.68$$Rs.
Hence, the required difference $$=355.68-268.32=87.36$$Rs.
Create a FREE account and get: