A person bought two articles A and B for Rs.5,000. He sold A at 20% profit and B

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A person bought two articles A and B for Rs.5,000. He sold A at 20% profit and B at 10% loss. He thus gained 2% on his outlay. The cost price of A was

Options:

A . Rs.3,500

B . Rs.2,000

C . Rs.2,500

D . Rs.3,000

Answer: Option B
Answer: (b)Let the CP of article A be Rs.xCP of article B = Rs.(5000 - x)According to the question,120% of x + 90% of (5000 - x) = 102% of 5000120x + 450000 - 90x = 51000030x = 510000 - 450000 = 60000x = $60000/30$ = Rs.2000

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