A shopkeeper earns a profit of 12% on se

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Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Profit and Loss

Question:

A shopkeeper earns a profit of 12% on selling a book at 10% discount on the printed price. The ratio of the cost price to the printed price is:

Options:

38 : 55

45 : 56

55 : 38

56 : 45

Correct Answer:

45 : 56

Explanation:

CP MP

100 - D% 100 + P%

100 - 10% 100 + 12%

90 112

CP : MP = 90 : 112 = 45 : 56