Question

Cost price of an article is Rs. (6p + 240). It is marked 50% above its cost price and sold after allowing a discount of 'k%'. If the profit earned is (k - 20) %, then which of the following can be calculated using the provided information?
I. Selling price of the article.
II. Discount percentage offered.
III. Profit earned (in Rs) on selling the article.

Q: Answer-Cost price of an article is Rs. (6p + 240). It is marked 50% above its cost price and sold after all...

Marked price of article 1.5 6p 240 Selling price of article 1.5 6p 240 100 - k 100 Also, selling price of article 100 k - 20 100 6p 240 So, 1.5 100 - k k 80 150 - 1.5k k 80 2.5k 70 k 28 Value of p cannot be determined. So, Cost price, selling price, marked price and profit earned on article cannot be determined. Discount percentage 28