The cost price of item A, Item A was sold at a profit of 10% and Item B was sold at a loss of 20%. If the respective ratio of selling price of items A and B is 11:12, what is the cost price of item B?

The cost price of item A, Item A was sold at a profit of 10% and Item B was sold at a loss of 20%. If the respective ratio of selling price of items A and B is 11:12, what is the cost price of item B?

1. Rs.450/-
2. Rs.420/-
3. Rs.400/-
4. Rs.350/-
5. Rs.480/-

Answer: Option A
The cost price of item B is Rs. 150/- more than the Let us assume cost price of A= X
So that Cost price of B= X+150.
SP of A= X*1.1
SP of B=(X+150)*0.8
Given that
SPA: SPB
11:12
So that 1.1X/(X+150)*0.8= 11/12
X=300
CP of B= 300+150=450
Answer is 450.

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The cost price of item A, Item A was sold at a profit of 10% and Item B was sold at a loss of 20%. If the respective ratio of selling price of items A and B is 11:12, what is the cost price of item B?

The cost price of item A, Item A was sold at a profit of 10% and Item B was sold at a loss of 20%. If the respective ratio of selling price of items A and B is 11:12, what is the cost price of item B?

The cost price of item A, Item A was sold at a profit of 10% and Item B was sold at a loss of 20%. If the respective ratio of selling price of items A and B is 11:12, what is the cost price of item B?