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Cost price of 12 oranges is equal to the selling price of 9 oranges and the discount on 10 oranges is equal to the profit on 5 oranges. What is the percentage point difference between the profit percentage and discount percentage?
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- 20
- 22.22
- 16.66
- 15
Correct Option: B
Ratio of selling price and Cost Price,
SP:CP = 12:9 =4:3
Profit of 3 oranges = Re 1 (Let CP = Re 1)
Profit = 1/3 = 33.33%
and, Discount = 11.11%
Since, CP : SP : MP = 3:4:4.5
Profit doubles that of discount.
So, % point discount = 33.33%-11.11% = 22.22% point.