Knowee
Questions
Features
Study Tools

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

🧐 Not the exact question you are looking for?Go ask a question

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+60100 + 60% of 100 = 100+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 160160 - 100) / 100100=((100x)/100100 * 100 = ((100 - x)/100 * 160 - 100)/100) / 100 * 100 = ((100 - x)/100 * 160160 - 100) * 100 / 100=((100x)/100100 = ((100 - x)/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 160160 - 100) / 100100=((1002x)/100100 * 100 = ((100 - 2x)/100 * 160 - 100)/100) / 100 * 100 = ((100 - 2x)/100 * 160160 - 100) * 100 / 100=((1002x)/100100 = ((100 - 2x)/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 * 160160 - 100) = ((100 - 60)/100 * 160160 - 100) = 40% Profit percentage when sold at a discount of 2x% = ((100 - 2x)/100 * 160160 - 100) = ((100 - 2*60)/100 * 160160 - 100) = -20% Option A does not satisfy the equations.

Option B: 20, 8 Profit percentage when sold at x% discount = ((100 - x)/100 * 160160 - 100) = ((100 - 20)/100 * 160160 - 100) = 36% Profit percentage when sold at a discount of 2x% = ((100 - 2x)/100 * 160160 - 100) = ((100 - 2*20)/100 * 160160 - 100) = 24% Option B satisfies the equations.

Option C: 48, 24 Profit percentage when sold at x% discount = ((100 - x)/100 * 160160 - 100) = ((100 - 48)/100 * 160160 - 100) = 28.8% Profit percentage when sold at a discount of 2x% = ((100 - 2x)/100 * 160160 - 100) = ((100 - 2*48)/100 * 160160 - 100) = 16.8% Option C does not satisfy the equations.

Option D: 36, 12 Profit percentage when sold at x% discount = ((100 - x)/100 * 160160 - 100) = ((100 - 36)/100 * 160160 - 100) = 48.8% Profit percentage when sold at a discount of 2x% = ((100 - 2x)/100 * 160160 - 100) = ((100 - 2*36)/100 * 160160 - 100) = 36.8% Option D satisfies the equations.

Option E: 44, 28 Profit percentage when sold at x% discount = ((100 - x)/100 * 160160 - 100) = ((100 - 44)/100 * 160160 - 100) = 38.4% Profit percentage when sold at a discount of 2x% = ((100 - 2x)/100 * 160160 - 100) = ((100 - 2*44)/100 * 160160 - 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.

This problem has been solved

Similar Questions

Select the correct answerBy selling two articles for ₹800, a person gains the cost price of three articles. The profit percent is?Options150120125140

Mahesh marked an article at x% above his cost price. He sells it after offering a discount but still makes a profit. Which of the following cannot be the discount (in percentage) he offered?

Select the correct answerA man sold an article at a profit of 12%. If he had charged Rs.60 more his profit percentage would have been 30%. What is the C.P?Options276.93312.9None of these546.3

The marked price of an article is 45% more than its cost price. If a discount of 20% is given, then what is the profit percentage?

12 articles were sold at the cost price of 15 articles .  Find the Profit % Options :30%20%25%none

1/3

Upgrade your grade with Knowee

Get personalized homework help. Review tough concepts in more detail, or go deeper into your topic by exploring other relevant questions.