The ratio of cost price and marked price of an article is 2 3 and ratio of percentage profit and per...........

Quantitative Aptitude ( CCS) Profit and loss

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 ?

16.66%

17.25%

13.15%

18.32%

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Explanation:

CP : MP = 2x : 3x
=> profit = x
profit % : discount % = 3 : 2
Let CP = 200 ,
SP = 300
But (3x/100)*200 + (2x/100)*300 = 100
=> x = 8.33%
Discount 2x = 16.66%