Question
The ratio of marked price to cost price of a pair of
shoes is 9:6, respectively. If the shopkeeper offers a discount of 15% on the marked price, then find the gain percentage on selling the shoes.Solution
ATQ, Let the marked price and cost price of the shoes be Rs. '9x' and Rs. '6x', respectively. So, selling price of the shoes = 9x × 0.85 = Rs.7.65x So, profit earned = 7.65x − 6x = Rs.1.65x Profit percentage = (1.65x/6x) × 100 = 27.5%
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