Practicing Success
A man makes a profit of 20% after selling a product on 28% discount on the printed price. Find the ratio of printed price to cost price. |
7 : 3 5 : 3 4 : 3 8 : 3 |
5 : 3 |
Profit (P)% = 20% S.P. = C.P. × 120% ..........(i) Discount (D)% = 28% S.P. = M.P. × 72% ...........(ii) S.P. in both cases is equal, (i) = (ii): ⇒ C.P. × 120% = M.P. × 72% ⇒ C.P. × 5 = M.P. × 3 ⇒ M.P. : C.P. = 5 : 3 |