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Anju sold an article to her friend Rakesh at 14% loss. If Rakesh sold it for ₹2,537 and made a profit of 18%, then the original cost price (in ₹) of the article for Anju was:

  1. A
    ₹2,560
  2. B
    ₹2,150
  3. C
    ₹2,500
  4. D
    ₹2,450

Solution & Step-by-step Explanation

Let the original cost price for Anju be CP
Anju

.

Anju sold it to Rakesh at a 14% loss. Therefore, the cost price for Rakesh (CP
Rakesh

) is:

CP
Rakesh

=CP
Anju

×(1−
100
14

)=CP
Anju

×
100
86


Rakesh sold it for ₹2,537 making a profit of 18%:

SP
Rakesh

=CP
Rakesh

×(1+
100
18

)
2537=CP
Rakesh

×
100
118


CP
Rakesh

=
118
2537×100

=2150
Now substitute CP
Rakesh

=2150 back into the first equation:

2150=CP
Anju

×
100
86


CP
Anju

=
86
2150×100

=25×100=2500
Thus, the original cost price of the article for Anju was ₹2,500.

Practice this question

Try it yourself before checking the explanation above.

Anju sold an article to her friend Rakesh at 14% loss. If Rakesh sold it for ₹2,537 and made a profit of 18%, then the original cost price (in ₹) of the article for Anju was:
A
₹2,560
B
₹2,150
C
₹2,500
D
₹2,450

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