A merchant offers a discount on an article and still makes a profit of 50%. What is the discount percentage offered by the merchant?
A. The marked price and the cost price of the article are in the ratio 5 : 3.B. Had the selling price been 25% more, the merchant would have made at an extra profit of Rs.30 on the article.
Options
- one statement is sufficient and the other statement is not sufficient to answer the question.
- either statement taken alone is sufficient to answer the question.
- the two statements together are sufficient but neither statement alone is sufficient to answer the question.
- even both statements together are not sufficient to answer the question
CORRECT ANSWER : one statement is sufficient and the other statement is not sufficient to answer the question.
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