Two articles are bought for Rs. 8,400 in total. One is sold at a 16% loss and the other at a 19% gain, and there is no overall gain or loss. What was the cost of the article sold at a loss?
Correct answer D. Rs. 4,560
Explanation
Loss must equal gain: 0.16a = 0.19b, so a : b = 19 : 16. Cost of the article sold at a loss = 8,400 × 19/35 = Rs. 4,560.
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