Balram, the local shoe shop owner, sells four types of footwear - Slippers (S), Canvas Shoes (C), Leather Shoes (L) and Joggers (J).The following information is known regarding the cost prices and selling prices of these four types of footwear:
(i) L sells for Rs.500 less than J, which costs Rs.300 more than S, which, in turn, sells for Rs.200 more than L.
(ii) L costs Rs.300 less than C, which sells for Rs.l00 more than S, which, in turn, costs Rs.I00 less than c.
If it is known that Balram never sells any item at a loss, then which of the following is true regarding the profit percentages earned by Balram on the items L, S, C and J represented by l,s,c and j respectively?
Correct Answer : C
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