The cost price of two articles A and B are in the ratio 4 : 5. While selling these articles, the shopkeeper gains 10% on A and 20% on B, and the difference in the two selling prices in ₹960. The total selling price (in ₹) of both the articles is:
Show answer & explanation
Correct answer: A
Explanation
The correct answer is option 1 i.e. 6,240.
Let CP of A = 4x, CP of B = 5x
SP of A = 4x + 10% of 4x = 4x × 1.10 = 4.4x
SP of B = 5x + 20% of 5x = 5x × 1.20 = 6x
Difference in SP = 6x − 4.4x = 1.6x
⇒ 1.6x = 960
⇒ x = 600
Total SP = 4.4x + 6x = 10.4x = 10.4 × 600 = ₹6240