Cost price of 12 articles is equal to selling price of 9 articles. While the discount on 10 articles is equal to the profit earn on 5 articles. Find the difference between Profit % and Discount %.
Answer & explanation
Correct answer: option 1
ATQ,
12C = 9S
C → 3
S → 4
C : S
3 : 4
D × 10 = P × 5
⇒ D → 1, P → 2
C : S
6 : 8 (multiply by 2)
↓ ↓
------------
+2
P% = \(\frac{2}{6}\) × 100 = 33.33%
MRP → 8 + 1 = 9
D % = \(\frac{1}{9}\) × 100 = 11.11%
Diff. b/w P% and D% = 33.33% - 11.11% = 22.22%