Q. 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?
A) 20%
B) 16.66%
C) 33.33%
D) 25%
✔ Correct Answer: 16.66%
Exam Insight
Given the ratios of cost price to marked price as 2:3 and profit to discount as 3:2, the discount percentage is calculated as 20%.