📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!

    Question

    The marked price of item A is Rs. 90 less than the

    selling price of item B. The marked price of item B is 80% more than the selling price of item A. If the marked prices of A and B are in the ratio 1:3, and the selling price of A is Rs. 50 less than that of B, find the discount allowed on selling item B.
    A Rs.30 Correct Answer Incorrect Answer
    B Rs.42 Correct Answer Incorrect Answer
    C Rs.24 Correct Answer Incorrect Answer
    D Rs.55 Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    ATQ,

    let SP of B = x, SP of A = y MP(A) = (x − 90) MP(B) = 1.8y (x − 90) / 1.8y = 1/3 ⇒ 3x − 270 = 1.8y ⇒ x − 0.6y = 90 ...(I) Also, x − y = 50 ...(II) Subtracting: (II) − (I) ⇒ −0.4y = −40 ⇒ y = 100 Then x = 150 Discount on B = 1.8y − x = 180 − 150 = Rs. 30

    Practice Next
    More Profit and loss Questions

    Relevant for Exams:

    ask-question