Solution:
Given, the ratio of cost price and marked price is 2:3Let
profit = marked price – cost price
= 3a – 2a
= a
profit percentage =
discount percentage
Let cost price = 200 and SP = 300
⇒ 6a + 6a
⇒ 12a = 100
⇒
⇒ a = 8.33%
Discount = 2a
= 2 × 8.33
= 16.66%
Therefore, option 2 is the correct answer.