📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!

    Question

    Ratio of Cost price to selling price of a book is 5:6

    and ratio of selling price to marked price is 4:5. Marked price of the book is by what percent more than that of cost price of the book?
    A 30% Correct Answer Incorrect Answer
    B 50% Correct Answer Incorrect Answer
    C 60% Correct Answer Incorrect Answer
    D 40% Correct Answer Incorrect Answer
    E 33% Correct Answer Incorrect Answer

    Solution

    CP : SP = 5 : 6 --- (1) × 2 SP : MP = 4 : 5 --- (2) × 3 CP : SP : MP = 10 : 12 : 15 = 10x : 12x : 15x MP is more than CP by = 15x – 10x = 5x ∴  MP is more than CP by = (5x/10x) × 100 = 50%

    Practice Next
    More Profit and loss Questions
    ask-question