Question
An article was sold after offering 20% discount on its
marked price such that the seller incurred a 25% loss. Find the ratio of cost price to the marked price for the seller.ÂSolution
Let the marked price of the article be Rs. ‘100x’ Then, selling price of the article = 0.80 × (100x)
= Rs. 80x Cost price of the article = 80x × (100/75) = Rs. (320x/3) Required ratio = (320x/3) : 100x = 320x : 300x = 16 : 15
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