Question
A shopkeeper sold an article for Rs. 200 after offering
a discount of 20%. If he earned a profit of 60%, then find the ratio of cost price to the marked price, of the article.Solution
Marked price of the article = 200 ÷ 0.8 = Rs. 250 Cost price of the article = 200 ÷ 1.6 = Rs. 125 Required ratio = 125:600 = 5:8
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