Bunuel wrote:
Four retailers A, B, C, and D got the same item for sale at the same cost price of each of them. Retailer A decided to have a 50% markup and offered a 20% discount on the marked price. Retailer B had a 100% markup and offered two successive discounts of 25% and 20% on the marked price. Retailer C marked by 20% but had to eventually sell on 20% discount on the marked price. Retailer D sold the item to a nonprofit firm at the cost price. The selling price for the retailers was in which order
A. A > B > C = D
B. A = B > C = D
C. A > B = C > D
D. A = B > C > D
E. A = B > D > C
Let the CP be 100 in each case.
A: 50% markup, so 150, and a 20% discount on it =150*0.8=120
B: 100% markup, so 200, and a 25% discount on it =200*0.75=150. A further discount of 20%=150*0.8=120
C: 20% markup, so 120, and a discount of 20% on it =120*0.8=96
D: 100
So A=B>D>C
E