Question

Ratio of marked price to cost price of an item is 5:3. Discount percent given on selling that which is
equal to the profit percent earned on that item. Find marked price is what percent of sing price of that
item?​

Answer 1

Answer:

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Answer 2

Step-by-step explanation:

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%