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A shopkeeper purchases two items for Rs. 520. One of them is sold gaining 16% and the other at a loss of 10%, thus making no profit or loss. What is the selling price of the item sold at loss?
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- Rs. 288
- Rs. 232
- Rs. 320
- Rs. 200
Correct Option: A
Given that , C.P. of two articles = Rs. 520
Suppose C.P. of article sold at loss = Rs. y.
∴ C.P. of article sold at profit = Rs. (520 – y)
According to the question,
y × | = (520 – y) × | 100 | 100 |
⇒ 5y = 520 × 8 – 8y
⇒ 13y = 520 × 8
⇒ y = | = Rs. 320 | 13 |
On 10% loss ,
∴ Its S.P. = | = Rs. 288 | 100 |