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The ratio of cost price and marked price of an article is 2:3 and ratio of percentage profit and percentage discount is 3 : 2 what is the discount percentage ?
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- 16.66 %
- 20 %
- 25 %
- 33.33 %
Correct Option: A
CP : MP = 2y : 3y
profit = y
(%) profit : (%) discount =3 : 2
Let CP=200, SP=300
So [ (3y / 100) x 200 ] + [(2y/100) x 300] = 100
y= 8.33 %
Discount 2y = 16.66 %