Question

    A Shopkeeper gives 5 articles free on the purchase of every 15 articles. He also allow a discount of 20% to customer and still earn 20% profit. Find the ratio of the cost price to the marked price of the article?

    A 1:2 Correct Answer Incorrect Answer
    B 1:3 Correct Answer Incorrect Answer
    C 2:1 Correct Answer Incorrect Answer
    D 1:4 Correct Answer Incorrect Answer

    Solution

    % Discount in getting free items (a) = (free items/ total items) x 100 = [5/(5+15)] x 100 = 25% Next % discount (b) = 20 So net discount(%) = a+b -(ab/100) = 25 + 20 - (25 x 20)/100 = 40% CP MRP (100 - D) (100 + P%) (100 - 40) : (100+20) 6 0 : 120 1 : 2

    Practice Next

    Relevant for Exams:

    ×
    ×