Difficulty: Easy
Correct Answer: ₹ 50
Explanation:
Introduction / Context:
We compare two selling scenarios with the same pair of bicycles but swapped profit rates. Because total cost is fixed, the only change is how profits are distributed across the two items. The difference between the two total revenues directly reveals the difference in their cost prices.
Given Data / Assumptions:
Concept / Approach:
Subtract the two expressions to eliminate common terms: (1.20x + 1.10y) − (1.10x + 1.20y) = 0.10x − 0.10y. Set this equal to ₹5 and solve for (x − y).
Step-by-Step Solution:
0.10(x − y) = 5x − y = 50Therefore, the difference in cost prices is ₹50
Verification / Alternative check:
Let x = 825 and y = 775 (sum 1,600 and difference 50). Scenario 1 SP = 1.10*825 + 1.20*775 = 907.5 + 930 = 1,837.5; Scenario 2 SP = 1.20*825 + 1.10*775 = 990 + 852.5 = 1,842.5; difference = ₹5 — matches.
Why Other Options Are Wrong:
₹25/₹40/₹75 do not satisfy the precise ₹5 revenue difference upon swapping profit rates.
Common Pitfalls:
Attempting to compute individual costs instead of recognizing the neat cancellation; forgetting that only the distribution, not the total cost, changes.
Final Answer:
₹ 50
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