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Profit and loss · EPFO APFC · Question 19 of 55

Profit and loss: Two dealers P and Q selling the same model of TV set mark them under the same selling prices. P gives successive discounts of 20% and 15% and Q gives successive discounts of 18% and 17%. From whom is it more profitable to purchase the TV set?

Step-by-step solution. Profit and loss for EPFO APFC.

Topic
Profit and loss
Subject
Mathematics
Difficulty
Medium
Solve Time
45-60 sec

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Q · Profit and lossMedium · 45s

Two dealers P and Q selling the same model of TV set mark them under the same selling prices. P gives successive discounts of 20% and 15% and Q gives successive discounts of 18% and 17%. From whom is it more profitable to purchase the TV set?

TopicProfit and loss
Question Typemultiple choice
DifficultyMedium
Marking+1 / −0.25
Test Duration30 min

Step-by-Step Solution

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Solution illustration 1
Final Answer: Option C - Indifferent between the two
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Two dealers P and Q selling the same model of TV set… - Profit and loss (Mathematics) Solved Question