Question

    A shopkeeper sold an article for Rs. 600 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 3:5 Correct Answer Incorrect Answer
    C 7:5 Correct Answer Incorrect Answer
    D 2:5 Correct Answer Incorrect Answer

    Solution

    Marked price of the article = 600 ÷ 0.6 = Rs. 1000 Cost price of the article = 600 ÷ 1.5 = Rs. 400 Required ratio = 400:1000 = 2:5

    Practice Next

    Relevant for Exams: