Ratio of costs of two books is 2:3. If marked price is 30% and 40% more than that of cost
price of respective books. Each book sold after two successive discount of 20%. Overall loss
percentage is:
it and loss
Answers
Answered by
5
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%
Step-by-step explanation:
Similar questions
Business Studies,
18 days ago
Physics,
18 days ago
English,
1 month ago
Psychology,
1 month ago
Sociology,
8 months ago
Art,
8 months ago