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
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.
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.