Details of prices of two items and are presented in the above table. The ratio of cost of item to cost of item is . Discount is calculated as the difference between the marked price and the selling price. The profit percentage is calculated as the ratio of the difference between selling price and cost, to the cost
The discount on item , as a percentage of its marked price, is _______
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Answer: C
We can solve this step-by-step using the information provided in the table and the text:
- Find the Cost Price of item ():
We are given that the Cost Price of item () is ₹ and the ratio of the cost of to is .
- Find the Selling Price of item ():
The profit percentage on item is . Using the profit percentage formula:
- Calculate the Discount on item :
The Marked Price of item () is ₹.
- Calculate the Discount Percentage of Marked Price:
Therefore, the discount on item as a percentage of its marked price is .
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