Question
An article having a cost price of Rs. 400 is marked 50%
above its cost price. 'A' proposes to sell this article after two successive discounts of 10% and Rs. 20 while 'B' proposes to sell it after a single discount of 30%. What is the difference between the selling prices proposed by 'A' and 'B'?Solution
ATQ;
Marked price of the article = 400 X 1.50 = Rs. 600
Selling price proposed by 'A' = 600 X 0.90 - 20 = 540 - 20 = Rs. 520
Selling price proposed by 'B' = 600 X 0.70 = Rs. 420
So, required difference = 520 - 420 = Rs. 100
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