New Click here to Enroll in NaBFID Analyst Intro Class on May 6

    Question

    The marked price and the selling

    price of an item are in the ratio of 5:4. If the % discount offered is equal to the % profit earned, what is the ratio of the cost price to the marked price of the item?
    A 5:4 Correct Answer Incorrect Answer
    B 2:5 Correct Answer Incorrect Answer
    C 2:3 Correct Answer Incorrect Answer
    D 1:2 Correct Answer Incorrect Answer

    Solution

    ATQ, Let the marked price of the item  be Rs. '15p' So, selling price of the item  = 5p × (4/5) = Rs. '12p' So, discount % = {(15p - 12p)/15p} × 100 = 20% So, cost price of the article = 12p ÷ 1.2 = Rs. '10p' So, required ratio = 10p:15p = 2:3

    Practice Next

    Relevant for Exams: