CLEAR
Toprankers-Info

+91 7676564400

Mobile App

Get it on Google Play
Discussions
Select Date
Tags:

Articles

Discussions
Submit Discussion
pradeep

· started a discussion

· 1 Months ago

profit n loss (Question:477370.0)

explain with trick

Question:

A shopkeeper give 2 article free on the purchased of every 10 article he also allow a discount of 4% to customer and still earn 40% profit. Find the ratio of cost price to mark price of the article.

Options:
A)

7 : 4

B)

4 : 7

C)

6 : 7

D)

7 : 8

Solution:

Ans: (b) 

Let the Marked Price be 100

Given;

Discount = 4%

SP = MP X (100 - D%)

SP= 100 X \(\frac{96}{100}\)

SP = 96

SP of 12 article = 10 x 96

= 960 (2 article are free)

Find CP;

CP=\(\frac{SP \times100}{100\pm P%}\)

=\(\frac{960\times100}{140}\)

\(=\frac{4800}{7}\)

CP of one article=\(\frac{4800}{7\times12}\)

=\(\frac{400}{7}\)

Required ratio =CP : MP

= \(\frac{400}{7}\) : 100

= 4 : 7

-logo
We at aim to provide most comprehensive content & test for practice which is carefully divided into various chapters and topics to help you focus on your weak areas.Our Practice mock test gives you unmatched analytics to help you realize your strong areas,time management and improvement areas.Our Short & Crisp notes on each topic will help you to quickly revise the topic along with the tips & tricks of the exams.
More About
-Info
-Info

Mobile App

Get it on Google Play
About Us Campus Ambassador Careers Contact Us Refund Policy

All Rights Reserved Top Rankers

User Policy
Disclaimer
Terms & Conditions