Question
An article has a cost price of Rs. 750 and is marked 40%
above its cost price. 'A' proposes to sell this article after two successive discounts of 12% and Rs. 50, while 'B' proposes to sell it after a single discount of 20%. What is the difference between the selling prices proposed by 'A' and 'B'?Solution
ATQ;
Marked price of the article = 750 X 1.40 = Rs. 1050
Selling price proposed by 'A' = 1050 X 0.88 - 50 = 924 - 50 = Rs. 874
Selling price proposed by 'B' = 1050 X 0.80 = Rs. 840
So, required difference = 874 - 840 = Rs. 34
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