Question

If the ratio between the cost price and marked price of an article is 2:3. If the selling price of that article is Rs 1920 and the shopkeeper gave two successive discounts of 20% on the marked price. Find the loss during this transaction?

80 Rs


40 Rs


20 Rs


60 Rs

Answer 1

Step-by-step explanation:

The ratio of cost price and marked price of an article is 2:3 and ratio of percentage profit and percentage discount is 3:2.what is the discount percentage?

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Answer

CP:MP = 2x:3x

⇒ profit = MP- CP = 3x-2x=x

Profit % : discount % = 3:2

Let CP= 200, SP = 300

But

100

3x

×200+

100

2x

×300=6x+6x=12x

⇒12x=100

⇒x=8.33%

∴ Discount = 2x= 16.66%

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