Question
A shopkeeper purchased two articles, P and Q at Rs 200
each. He sold article P and Q at a profit of Rs 40 and Rs 50 respectively. He also offered a discount of 20% and 16.66% on article P and Q respectively. Find the difference between the marked price for each article.Solution
Cost price of P: 200 ; Cost price of Q: 200 Selling price of P: 240 ; Selling price of Q: 250 Marked price of P: (100-20)% of MP = 240 MP = 240×10/8 = 300 Marked price of Q: (100-16.66)% of MP = 250 MP = 250×6/5 = 300 Difference between the marked of P and Q = 300-300 = 0
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