Question
The list price of product A is Rs. 80 less than the
selling price of product B. The list price of product B is 60% higher than the selling price of product A. If the list prices of A and B are in the ratio 1:2, and the selling price of A is Rs. 40 lower than that of B, determine the discount given on product B.Solution
ATQ,
let SP of B = x, SP of A = y MP(A) = (x β 80) MP(B) = 1.6y (x β 80) / 1.6y = 1/2 β 2x β 160 = 1.6y β x β 0.8y = 80 ...(I) Also, x β y = 40 ...(II) Subtracting: (II) β (I) β β0.2y = β40 β y = 200 Then x = 240 Discount on B = 1.6y β x = 320 β 240 = Rs. 80
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