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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?

Correct Answer: 16.66%

Explanation:

     CP : MP = 2x : 3x


 => Profit = x


 


( %) profit : (%) discount = 3:2


 


Let  CP = 2000,  SP = 300


 


But   3 x 100 × 200   +   2 x 100 × 300   =   100


 


=>  x = 8.33%


 


Discount 2x = 16.66% 


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