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Cost price of article A is Rs 600 more t...

Cost price of article A is Rs 600 more than that of B and selling price of A is Rs 1200 more than that of B. If difference between profit earned on selling these two articles is `13(1)/(3)`% of the cost price of A then find profit earned on B if profit % earned on A is `33(1)/(3)`%?

A

A)Rs 800

B

B)Rs 900

C

C)Rs 840

D

D)Rs 960

Text Solution

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The correct Answer is:
To solve the problem step by step, we will follow the information provided in the question. ### Step 1: Define the Cost Prices Let the cost price of article B be \( CP_B \). According to the question, the cost price of article A is Rs 600 more than that of B. Therefore, we can express the cost price of article A as: \[ CP_A = CP_B + 600 \] ### Step 2: Express Selling Prices The selling price of article A is Rs 1200 more than that of B. Let the selling price of article B be \( SP_B \). Thus, we can express the selling price of article A as: \[ SP_A = SP_B + 1200 \] ### Step 3: Profit Percentages It is given that the profit percentage on article A is \( 33\frac{1}{3}\% \). This can be expressed as a fraction: \[ \text{Profit Percentage on A} = \frac{1}{3} \] The profit on article A can be calculated as: \[ \text{Profit on A} = SP_A - CP_A \] Using the profit percentage: \[ \frac{SP_A - CP_A}{CP_A} = \frac{1}{3} \] This implies: \[ SP_A - CP_A = \frac{1}{3} CP_A \] Thus, \[ SP_A = CP_A + \frac{1}{3} CP_A = \frac{4}{3} CP_A \] ### Step 4: Substitute the Cost Price of A Substituting \( CP_A \) from Step 1 into the equation: \[ SP_A = \frac{4}{3}(CP_B + 600) \] ### Step 5: Calculate Selling Price of B From Step 2, we have: \[ SP_A = SP_B + 1200 \] Substituting \( SP_A \): \[ \frac{4}{3}(CP_B + 600) = SP_B + 1200 \] ### Step 6: Express Selling Price of B in Terms of CP_B Now we can express \( SP_B \): \[ SP_B = \frac{4}{3}(CP_B + 600) - 1200 \] ### Step 7: Calculate Profit on B The profit on article B is given by: \[ \text{Profit on B} = SP_B - CP_B \] Substituting \( SP_B \): \[ \text{Profit on B} = \left(\frac{4}{3}(CP_B + 600) - 1200\right) - CP_B \] ### Step 8: Simplify the Profit on B Now, we simplify the profit on B: \[ \text{Profit on B} = \frac{4}{3}CP_B + 800 - 1200 - CP_B \] \[ = \frac{4}{3}CP_B - CP_B - 400 \] \[ = \frac{4}{3}CP_B - \frac{3}{3}CP_B - 400 \] \[ = \frac{1}{3}CP_B - 400 \] ### Step 9: Find the Difference in Profits The difference in profits between articles A and B is given as \( 13\frac{1}{3}\% \) of the cost price of A. This can be expressed as: \[ \text{Difference} = \frac{4}{30} \times CP_A \] Substituting \( CP_A \): \[ \frac{4}{30} \times (CP_B + 600) \] ### Step 10: Set Up the Equation Setting the difference in profits equal to the calculated difference: \[ \left( \frac{1}{3}CP_B - 400 \right) - 100 = \frac{4}{30}(CP_B + 600) \] ### Step 11: Solve for CP_B Solving this equation will give us the value of \( CP_B \), and subsequently, we can find the profit on B. ### Step 12: Calculate the Profit on B Finally, substituting the value of \( CP_B \) back into the profit formula for B will yield the profit earned on B.
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