The problem requires finding the minimum value of $n$ where buyer A purchases $n$ book copies at a 20% discount, and buyer B purchases $n+1$ copies (one extra) at a 30% discount, spending the exact same total amount.
Equating the total costs:
Total Cost (A) = Total Cost (B)
$0.8nM = 0.7(n+1)M$
Assuming the marked price $M$ is not zero, we can cancel $M$:
$0.8n = 0.7(n+1)$
Distribute the 0.7:
$0.8n = 0.7n + 0.7$
Subtract $0.7n$ from both sides:
$0.1n = 0.7$
Solve for $n$:
$n = \frac{0.7}{0.1}$
$n = 7$
The calculation shows that the minimum value for $n$ is 7. Therefore, Buyer B needs to buy 8 copies (7+1) to spend the same amount as Buyer A spending on 7 copies.
Two bikes were sold for a total of ₹ $1,50,000$. One bike was sold at $33\frac{1}{3}\%$ loss and the other at $20\%$ profit. The cost price of the first bike is equal to the selling price of the other bike. Find the over all loss.
What will be the profit percentage on selling an article at a certain price if there is $30\%$ loss on selling the article at $\frac{3}{5}$ of the selling price?