Multiple Choice Questions on The cost price of 2 jackets and 3 jeans is Rs 3800 and the cost price of 3 jackets and 2 jeans is Rs........... for Mathematics - All Exams Preparation

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Indian Economy - Understanding the basics of Indian economic system

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    The cost price of 2 jackets and 3 jeans is Rs 3800 and the cost price of 3 jackets and 2 jeans is Rs 3700. If a shopkeeper earns 14% profit on a jacket and 10% profit on a jeans, find the ratio of the selling prices of the jacket to that of jeans.

    305 : 396

    Incorrect Answer

    200 : 261

    Incorrect Answer

    315 : 426

    Incorrect Answer

    None of these

    Correct Answer
    Explanation:

    Let the cost price of 1 jacket = Rs x, cost price of 1 jeans = Rs y
    2x + 3y = 3800....1
    3x + 2y = 3700....2
    (Equation 1) × 3 – (Equation 2) × 2
    y = 800
    x = 700
    Cost price of 1 jacket = Rs 700, cost price of 1 jeans = Rs 800
    Ratio of the selling price,
    = 700 × 114% : 800 × 110%
    = 399 : 440


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