New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    Article X whose cost price is 1800 is marked 90% above

    its cost price. Article Y whose cost price is 1890 is sold at a profit of 33.33%. If the selling prices of both the articles are equal, then find the discount offered on selling article X.
    A Rs.900 Correct Answer Incorrect Answer
    B Rs.950 Correct Answer Incorrect Answer
    C Rs.987 Correct Answer Incorrect Answer
    D Rs.920 Correct Answer Incorrect Answer
    E none of these Correct Answer Incorrect Answer

    Solution

    ATQ, CP of article X = Rs 1800 MP of article X = Rs 3420   CP of article Y = Rs 1890   SP of article Y = Rs 2520   SP of article X = Rs 2520   So, required discount will be  = Rs 3420 – Rs 2520   = Rs 900

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