Mathematics · Profit and Loss
A textile company manufactures two different types of articles: Type 'X' and Type 'Y'. For each Type 'X' article, the ratio of cost price to marked price is 8 : 15. The percentage by which the profit earned on selling a Type 'X' article exceeds the discount allowed on it is 80%. The total revenue generated from selling 600 articles of Type 'X' is Rs. 75,000. If all articles of Type 'X' had been sold without allowing any discount, then find the total profit generated by selling all 600 articles of Type 'X'.
- 1Rs. 42,000✓
- 2Rs. 40,000
- 3Rs. 38,000
- 4Rs. 36,000
Correct answer
Rs. 42,000
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