Question
A shopkeeper sold an article for Rs. 300 after offering
a discount of 80%. If he earned a profit of 50%, then find the ratio of cost price to the marked price, of the article.Solution
Marked price of the article = 300 Ć· 0.2 = Rs. 1500 Cost price of the article = 300 Ć· 1.5 = Rs. 200 Required ratio = 200:1500 = 2:15
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