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    Question

    The ratio of selling price, cost price, and marked price

    of an article is 8:6:12, respectively. If there is a profit of Rs. 1000 in the transaction, then find the discount offered.
    A Rs.1500 Correct Answer Incorrect Answer
    B Rs.1200 Correct Answer Incorrect Answer
    C Rs.1900 Correct Answer Incorrect Answer
    D None of these Correct Answer Incorrect Answer

    Solution

    ATQ, Let the selling price, cost price, and marked price of the article be Rs. 8x, Rs. 6x, and Rs. 12x, respectively. According to the question, Profit earned = 8x – 6x = Rs. 2x Therefore, 2x = 1000 Or, x = 500 Therefore, discount offered = 12x – 8x = 4x = 4 × 500 = Rs. 2000

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