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Question 18
By selling an article at $$\frac{3}{4}$$ th of themarked price, there is a gain of 25%. The ratio of the marked price and the cost price is
Solution
let marked price, MP be 100
SP = $$ \frac{3}{4} \times MP $$
  = $$ \frac{3}{4} \times 100 $$
  = 75
gain % = 25%
$$ CP = 75 \times \frac{100}{125} = 60 $$
$$ \frac{MP}{CP} =\frac{100}{60} =\frac{5}{3} $$
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