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?
CP : MP = 2x : 3x
=> Profit = x
( %) profit : (%) discount = 3:2
Let CP = 2000, SP = 300
But 3x100×200 + 2x100×300 = 100
=> x = 8.33%
Discount 2x = 16.66%
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