#Percentage-3
Ashwin bought an article at 200 and marked it at300. He offered a discount and then sold it his profit/loss percentage and discount percentage are
in the ratio 3 : 2. Find his profit/loss percentage.
(A) 29% profit
(B) 25% profit
(C) 20% loss
(D) 25% loss
Solution:-
CP=200 MP=300 P%=3X D%=2X
We know that MarkUP% and Discount percetage are successive discounts
MArk up%=(100/200)*100=50%
Profit %= markup% -Discount % - (markup%*-Discount%/100)
3x =50 -2x -(50*-2x/100)
x=25/3% profit
3x=25%
in the ratio 3 : 2. Find his profit/loss percentage.
(A) 29% profit
(B) 25% profit
(C) 20% loss
(D) 25% loss
Solution:-
CP=200 MP=300 P%=3X D%=2X
We know that MarkUP% and Discount percetage are successive discounts
MArk up%=(100/200)*100=50%
Profit %= markup% -Discount % - (markup%*-Discount%/100)
3x =50 -2x -(50*-2x/100)
x=25/3% profit
3x=25%
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