The cost prices of two articles A and B are in the ratio 4: 5. While selling these articles, the shopkeeper gains 10% on article A and 20% profit on article B, and the difference in their selling prices is ₹480. Find 30% of the total cost price (in ₹) of both the articles.
Answer & explanation
Correct answer: option 4
A B
CP 4 5
ATQ,
SP 4.4 6 = Difference = 1.6
⇓×300
480
Total CP = 9x = 9 × 300 = 2700
30% of the CP = 30% of 2700 = 810