kawal27
jhon bought product A at a discount of 19% on the list price. He made a profit of 20% by selling product A after giving a discount of 10%. ron bought product B and sold it at a profit of 5% after giving a 12.5% discount. If x is the percentage above the list price at which jhon marked product A and y is the percentage above the cost price at which ron marked product B, then how many times x is equal to y?
A-0.5 times
B-1.5 times
C-2.5 times
D-3 times
E-4 times
source: jamboree
Two different cases :-
Product ALet the list price be 100,
John bought product A at a discount of 19% on the list price, so CP for John = \(\frac{100-19}{100}*100=81\)
He made a profit of 20% by selling product A after giving a discount of 10%, so if marked price is m => \(0.9*m=SP=1.2*CP........m=\frac{12*81}{9}=108\)
x is the percentage above the list price at which John marked product A, so \(x=\frac{108-100}{100}*100=8\)
Product BLet the list price be 100,
Ron bought product B and sold it at a profit of 5% after giving a 12.5% discount, so if marked price is n => \((100-12.5)/100*n=SP=105*CP........n=\frac{105*CP}{87.5}=1.2*CP\)
y is the percentage above the cost price at which ron marked product B, so \(y=\frac{1.2CP-CP}{CP}*100=0.2*100=20\)
how many times x is equal to y => how many times 8 is equal to 20 => \(\frac{20}{8}=2.5\)
C