New Enroll in RBI Grade B New Batch - Starts on May 21

    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.
    A 5:3 Correct Answer Incorrect Answer
    B 3:8 Correct Answer Incorrect Answer
    C 5:8 Correct Answer Incorrect Answer
    D 7:8 Correct Answer Incorrect Answer

    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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