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A shopkeeper has two articles A & B. He ...

A shopkeeper has two articles A & B. He sold A at Rs 128 and cost price of article A is Rs x and gains (x - 20)% in this transaction. If cost price of article B is 25% more than A, then find at what price shopkeeper should sold B to make of profit of 40%?

A

118

B

124

C

136

D

140

Text Solution

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The correct Answer is:
To solve the problem step by step, we will follow the details provided in the question and the video transcript. ### Step 1: Understand the Selling Price and Cost Price of Article A The selling price (SP) of article A is given as Rs 128. The cost price (CP) of article A is Rs x. The profit percentage is given as (x - 20)%. ### Step 2: Set Up the Profit Equation The profit can be calculated using the formula: \[ \text{Profit} = \text{Selling Price} - \text{Cost Price} \] We can also express profit in terms of percentage: \[ \text{Profit} = \frac{\text{Profit Percentage}}{100} \times \text{Cost Price} \] From the problem, we can write: \[ \text{Profit} = 128 - x \] And the profit percentage is: \[ \frac{x - 20}{100} \times x \] Setting these two expressions for profit equal gives us: \[ 128 - x = \frac{x - 20}{100} \times x \] ### Step 3: Solve the Equation Multiply both sides by 100 to eliminate the fraction: \[ 100(128 - x) = (x - 20)x \] Expanding both sides: \[ 12800 - 100x = x^2 - 20x \] Rearranging gives us a quadratic equation: \[ x^2 + 80x - 12800 = 0 \] ### Step 4: Use the Quadratic Formula The quadratic formula is given by: \[ x = \frac{-b \pm \sqrt{b^2 - 4ac}}{2a} \] Here, \( a = 1, b = 80, c = -12800 \). Calculating the discriminant: \[ b^2 - 4ac = 80^2 - 4 \times 1 \times (-12800) = 6400 + 51200 = 57600 \] Now, applying the quadratic formula: \[ x = \frac{-80 \pm \sqrt{57600}}{2 \times 1} \] \[ x = \frac{-80 \pm 240}{2} \] Calculating the two possible values for x: 1. \( x = \frac{160}{2} = 80 \) 2. \( x = \frac{-320}{2} = -160 \) (not valid since cost price cannot be negative) Thus, the cost price of article A is: \[ x = 80 \] ### Step 5: Calculate the Cost Price of Article B The cost price of article B is 25% more than that of article A: \[ \text{CP of B} = x + 0.25x = 1.25x = 1.25 \times 80 = 100 \] ### Step 6: Determine the Selling Price of Article B for 40% Profit To find the selling price for a 40% profit on article B: \[ \text{Selling Price} = \text{Cost Price} + \text{Profit} \] \[ \text{Profit} = 40\% \text{ of CP of B} = 0.40 \times 100 = 40 \] Thus, the selling price of article B should be: \[ \text{Selling Price} = 100 + 40 = 140 \] ### Final Answer The shopkeeper should sell article B for Rs 140 to make a profit of 40%. ---
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