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.
    A 5:16 Correct Answer Incorrect Answer
    B 3:16 Correct Answer Incorrect Answer
    C 5:17 Correct Answer Incorrect Answer
    D 5:18 Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    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

    Practice Next
    More Profit and loss Questions
    ask-question