Two-article sale: one sold at 10% loss and the other at 15% profit. Overall there is no profit or loss. If the combined selling price is Rs 30,000, find the difference between their cost prices.
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ARs.5000
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BRs.6000
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CRs.7500
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Dnone of these
Answer
Correct Answer: Rs.6000
Explanation
Introduction:When the net result is break-even, total SP equals total CP. Combine this with individual percentage relations to relate the two cost prices and then use the total SP to solve.
Given Data / Assumptions:
- Article 1: 10% loss ⇒ SP1 = 0.9 * CP1.
- Article 2: 15% profit ⇒ SP2 = 1.15 * CP2.
- Overall: SP1 + SP2 = CP1 + CP2 and SP1 + SP2 = Rs 30,000.
Concept / Approach:From break-even: 0.9CP1 + 1.15CP2 = CP1 + CP2 ⇒ 0.1CP1 = 0.15CP2 ⇒ CP1 = 1.5CP2. Then use SP total to solve CP2.
Step-by-Step Solution:CP1 = 1.5 CP2Total SP = 0.9(1.5CP2) + 1.15CP2 = 1.35CP2 + 1.15CP2 = 2.5CP2 = 30,000CP2 = 12,000 ⇒ CP1 = 18,000Difference = |18,000 − 12,000| = Rs 6,000
Verification / Alternative check:SP1 = 16,200; SP2 = 13,800; sum = 30,000 equals CP1 + CP2 = 30,000, confirming break-even and the difference.
Why Other Options Are Wrong:
- Rs 5,000 / Rs 7,500: arise from algebra mistakes in the ratio step.
- None of these: incorrect because Rs 6,000 is exact.
Common Pitfalls:
- Averaging percentages or ignoring that break-even ties totals, not individual items.
Final Answer:Rs.6000