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.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
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INSTIGATION
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Buy a Lemon
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