Question
A shopkeeper sold an article for Rs. 240 after offering
a discount of 50%. 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 = 240 ÷ 0.5 = Rs. 480 Cost price of the article = 240 ÷ 1.6 = Rs. 150 Required ratio = 150:480 = 5:16
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