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

    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.
    A 2:11 Correct Answer Incorrect Answer
    B 2:13 Correct Answer Incorrect Answer
    C 2:17 Correct Answer Incorrect Answer
    D 2:15 Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Marked price of the article = 300 ÷ 0.2 = Rs. 1500 Cost price of the article = 300 ÷ 1.5 = Rs. 200 Required ratio = 200:1500 = 2:15

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