Mathematics · Profit and Loss
A textile company manufactures two different types of articles: Type 'X' and Type 'Y'. For each Type 'Y' article, the cost price is 70% of its marked price, and the ratio of profit earned to discount allowed is 2 : 1. The total revenue generated from selling 700 articles of Type 'Y' is Rs. 1,26,000. Find the total profit earned from selling all 700 articles of Type 'Y'.
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Rs. 28,000✓
- 2Rs. 20,000
- 3Rs. 16,000
- 4Rs. 12,000
Correct answer
Rs. 28,000
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