Math Problem Statement

answer is 20

Solution

Let's reevaluate the calculations with the understanding that the correct answer is x=20x = 20.

Step 1: Selling Price of Article A

Given x=20%x = 20 \%:

Selling Price of A=2800×(1+20100)=2800×1.2=3360\text{Selling Price of A} = 2800 \times \left(1 + \frac{20}{100}\right) = 2800 \times 1.2 = 3360

Step 2: Selling Price of Article B

Markup of 2x%=40%2x \% = 40\%:

Marked Price of B=8400×(1+40100)=8400×1.4=11760\text{Marked Price of B} = 8400 \times \left(1 + \frac{40}{100}\right) = 8400 \times 1.4 = 11760

Discount of x%=20%x \% = 20\%:

Selling Price of B=11760×(120100)=11760×0.8=9408\text{Selling Price of B} = 11760 \times \left(1 - \frac{20}{100}\right) = 11760 \times 0.8 = 9408

Step 3: Calculate Total Selling Price (TSP)

TSP=3360+9408=12768\text{TSP} = 3360 + 9408 = 12768

Step 4: Calculate the Overall Profit Percentage

Total Cost Price (TCP): TCP=2800+8400=11200\text{TCP} = 2800 + 8400 = 11200

Overall profit: Overall Profit=1276811200=1568\text{Overall Profit} = 12768 - 11200 = 1568

Overall profit percentage: Overall Profit Percentage=156811200×10014%\text{Overall Profit Percentage} = \frac{1568}{11200} \times 100 \approx 14\%

Step 5: Relate to Given Information

We were given that the overall profit percentage is x6x - 6 where x=20x = 20:

x6=14%x - 6 = 14\%

This calculation confirms that when x=20x = 20, the overall profit percentage matches the given condition, confirming that x=20x = 20 is indeed correct.

Would you like any more clarification or details on this solution?


Relative Questions:

  1. What is the formula for calculating profit percentage in different scenarios?
  2. How would the profit change if the cost price of Article B were higher?
  3. How does changing the discount percentage affect the overall profit?
  4. Can this method be used to calculate losses as well?
  5. What happens to the profit percentage if the markup is equal to the discount?
  6. How can one verify such calculations using algebraic methods?
  7. What strategies can be employed to maximize profit when selling multiple items?
  8. How would adding another type of article affect the overall profit percentage?

Tip: Remember to always check the final result against the given conditions in a problem to ensure consistency.

Ask a new question for Free

By Image

Drop file here or Click Here to upload

Math Problem Analysis

Mathematical Concepts

Profit and Loss
Percentage Calculations
Markup and Discount

Formulas

Profit Percentage Formula
Markup Formula
Discount Formula

Theorems

-

Suitable Grade Level

High School