Question
A Shopkeeper gives 2 articles free on the purchase of
every 10 articles. He also allows a discount of 20% to customer and still earn 25% profit. Find the ratio of the cost price to the marked price of the article?Solution
Offer of the Shopkeeper: Buy 10 get 2 free = 12 articles Let the marked price of 1 article be Rs. 10 Marked Price of 12 articles = 10× 12 = 120 Selling Price of 10 articles = 10 × 10 = 100 Actual Selling Price of 10 articles (less discount) = 100 – 20 = 80 Profit % = 25 % ∴ Cost Price = 80 × 100/125 =64 Cost Price: Marked Price = 64: 120 = 8:15
Who won the men’s Ballon d’Or in 2024?
Who won the men’s Ballon d’Or in 2024?
What unique features does BharatPe One possess?
Fintech startup Enkash has secured regulatory approval from the Reserve Bank of India (RBI) to operate as a payment aggregator under which brand name?
Which private sector bank has launched its mobile health services for a broad category of support staff, including essential and domestic service person...
According to a report by S&P Global Market Intelligence, Indian banks are expected to attract increasing global investment from investors looking for be...
What was the objective of Exercise Poorvi Lehar conducted by the Indian Navy on the East Coast?
Ministry of Agriculture & Farmers Welfare has launched a new campaign for banks under Agri Infra Fund titled BHARAT (Banks Heralding Accelerated Rural &...
How many films has Mohanlal acted in during his career?
What is the primary objective of the Forex Correspondents Scheme introduced by the Reserve Bank of India?
Relevant for Exams:
