Two items A and B are sold at a profit of 10% and 15% respectively. If the amount of profit received is the same, then the cost price of A and B may be = ?
A. Rs. 1000, Rs. 1500
B. Rs. 5000, Rs. 2000
C. Rs. 3000, Rs. 2000
D. Rs. 3000, Rs. 5000
Answer: Option C
Solution(By Examveda Team)
Profit of A = Profit of B (given)10% A = 15% B
$$\eqalign{ & \frac{{\text{A}}}{{\text{B}}} = \frac{{15}}{{10}} = \frac{3}{2} \cr & {\text{A}}:{\text{B}} = 3:2 \cr} $$
Now with the help of option,
check the ratio of cost price of A and B
Option : C
3000 : 2000
3 : 2
Related Questions on Profit and Loss
A. 45 : 56
B. 45 : 51
C. 47 : 56
D. 47 : 51
A. Rs. 2600
B. Rs. 2700
C. Rs. 2800
D. Rs. 3000
A. A neither losses nor gains
B. A makes a profit of 11%
C. A makes a profit of 20%
D. B loses 20%
A. Rs. 3,750
B. Rs. 3,250
C. Rs. 2,750
D. Rs. 2,250
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