The ratio of cost price and marked price of an article is A : B A : B A : B . The ratio of selling price and marked price is ( B + 1 ) : ( B + 2 ) (B ...
Question
The ratio of cost price and marked price of an article is . The ratio of selling price and marked price is . If the discount offered on the article is Rs. 30, then its selling price becomes Rs. 120 ( and are natural numbers and ). Which of the following is/are correct?
(i) is a prime number.
(ii) Maximum profit can be Rs. 70.
(iii) Cost price can be Rs. 150.