Multiple choice

Sunny bought two articles A and B. Ratio between cost price of article A to article B is 4 : 5. He marked article 'A' 150% above its cost price and give 40% discount at the time of selling. If profit earned on both article and mark price of both article is same, then find discount given on article 'B'?

  1. a)25%

  2. b)35%

  3. c)40%

  4. d)30%

  5. e)20%

Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Let CP of A = 4x, CP of B = 5x. MP of A = 4x * 2.5 = 10x. Selling Price of A = 10x * 0.6 = 6x. Profit on A = 6x - 4x = 2x. Since profit on B is also 2x, SP of B = 5x + 2x = 7x. MP of B = MP of A = 10x. Discount on B = MP - SP = 10x - 7x = 3x. Discount percentage = (3x / 10x) * 100 = 30%.