Question
The ratio of cost price to marked price of a bicycle is
3:4. It is sold for Rs. 5100 after a discount of 15%. Find the profit earned.Solution
ATQ, Let MP = 4x and CP = 3x Discount = 15% So, SP = 85% of MP 4x × 85/100 = 5100 Or, 17x/5 = 5100 Or, x = 1500 CP = 3x = 3 × 1500 = 4500 SP = 5100 Profit = 5100 − 4500 = 600
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