Two products A and B that cost $2000 and $1000 respectively were marked up with a profit of x%. What is x?
1. If a discount of (2x/5)% is offered on the marked price of product A and if product B is sold at the marked price, the profit made on both products will be the same.
2. If the markup on Product A is half that of product B, the profit made on both the products will be the same.
Chiresh Gundappa says