Question

    A shopkeeper sold an article for Rs. 300 after offering

    a discount of 40%. If he earned a profit of 50%, then find the ratio of cost price to the marked price, of the article.
    A 1:5 Correct Answer Incorrect Answer
    B 2:3 Correct Answer Incorrect Answer
    C 2:5 Correct Answer Incorrect Answer
    D 9:5 Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Marked price of the article = 300 ÷ 0.6 = Rs. 500 Cost price of the article = 300 ÷ 1.5 = Rs. 200 Required ratio = 200:500 = 2:5

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