Marked price of an article is 60% more than the CP of the article. When it is solid at x% discount then _______% percent profit is obtained and when it is sold at a discount of 2x%, _______% profit is obtained.Which of the following options are possible for the blanks in sameA. 60, 30B. 20, 8C. 48, 24D. 36, 12E. 44, 28A and EB, D and EC, D and EAll are possibleA, D and E
Question
Marked price of an article is 60% more than the CP of the article. When it is solid at x% discount then _______% percent profit is obtained and when it is sold at a discount of 2x%, _______% profit is obtained.Which of the following options are possible for the blanks in sameA. 60, 30B. 20, 8C. 48, 24D. 36, 12E. 44, 28A and EB, D and EC, D and EAll are possibleA, D and E
Solution
The question asks for the possible values for the blanks in the statement. Let's solve it step by step.
Let's assume the cost price (CP) of the article is $100.
According to the given information, the marked price of the article is 60% more than the CP. So, the marked price would be 100 = 60 = $160.
Now, when the article is sold at x% discount, the selling price (SP) would be (100 - x)% of the marked price. So, the selling price would be (100 - x)% of $160.
Profit is calculated as SP - CP. So, the profit percentage would be ((SP - CP) / CP) * 100.
Let's calculate the profit percentage when the article is sold at x% discount:
Profit percentage = ((SP - CP) / CP) * 100 = ((100 - x)% of 100) / 160 - 100 * 100 = ((100 - x)/100 * 100) * 100 / 160 - $100)
Now, let's calculate the profit percentage when the article is sold at a discount of 2x%:
Profit percentage = ((SP - CP) / CP) * 100 = ((100 - 2x)% of 100) / 160 - 100 * 100 = ((100 - 2x)/100 * 100) * 100 / 160 - $100)
Now, we need to find the possible values for the blanks in the statement.
Let's substitute the values given in the options and see which ones satisfy the equations:
Option A: 60, 30 Profit percentage when sold at x% discount = ((100 - x)/100 * 100) = ((100 - 60)/100 * 100) = 40% Profit percentage when sold at a discount of 2x% = ((100 - 2x)/100 * 100) = ((100 - 2*60)/100 * 100) = -20% Option A does not satisfy the equations.
Option B: 20, 8 Profit percentage when sold at x% discount = ((100 - x)/100 * 100) = ((100 - 20)/100 * 100) = 36% Profit percentage when sold at a discount of 2x% = ((100 - 2x)/100 * 100) = ((100 - 2*20)/100 * 100) = 24% Option B satisfies the equations.
Option C: 48, 24 Profit percentage when sold at x% discount = ((100 - x)/100 * 100) = ((100 - 48)/100 * 100) = 28.8% Profit percentage when sold at a discount of 2x% = ((100 - 2x)/100 * 100) = ((100 - 2*48)/100 * 100) = 16.8% Option C does not satisfy the equations.
Option D: 36, 12 Profit percentage when sold at x% discount = ((100 - x)/100 * 100) = ((100 - 36)/100 * 100) = 48.8% Profit percentage when sold at a discount of 2x% = ((100 - 2x)/100 * 100) = ((100 - 2*36)/100 * 100) = 36.8% Option D satisfies the equations.
Option E: 44, 28 Profit percentage when sold at x% discount = ((100 - x)/100 * 100) = ((100 - 44)/100 * 100) = 38.4% Profit percentage when sold at a discount of 2x% = ((100 - 2x)/100 * 100) = ((100 - 2*44)/100 * 100) = 26.4% Option E satisfies the equations.
Therefore, the possible values for the blanks in the statement are:
A. 60, 30 (not possible) B. 20, 8 C. 48, 24 (not possible) D. 36, 12 E. 44, 28
So, the correct answer is D and E.
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