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Cost price of 12 oranges is equal to the selling price of 9 oranges and the discount on 10 oranges is equal to the profit on 5 oranges. What is the percentage point difference between the profit percentage and discount percentage? |
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Answer: Option B Explanation: Ratio of selling price and Cost Price, SP : CP = 12 : 9 = 4 : 3 Profit of 3 oranges = Re 1 (Let CP = Re 1) Profit = 1/3 = 33.33% And, Discount = 11.11% Since, CP : SP : MP = 3 : 4 : 4.5 Profit doubles that of discount. So, % point discount = 33.33% -11.11% = 22.22% point. |
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