Question

Direction (7-9) : Read the given information and answer the following question related to it. The marked price of an article is `14000. Dealer A purchased the article from manufacturing company at a 25% discount on the marked price and sold it further at a 15% discount dealer B purchased the same article from the manufacturing company at a 30% discount on the marked price and sold it. Further at a 20% discount. The same article is also available on an installment plan. A customer, can purchased it from the manufacturer by playing a cash down by two equal annual installments of 6050. The manufacture, charges compound interest at 10% per annum. The selling price of dealer A is what percentage more than the selling price dealer B.

• A. 6.25
• B. 6.2
• C. 6
• D. 6.5

Answer 1

Answer: (A)