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%
$$ CP = 75 \times \frac{100}{125} = 60 $$
$$ \frac{MP}{CP} =\frac{100}{60} =\frac{5}{3} $$
Get AI Help
Create a FREE account and get:
- Free SSC Study Material - 18000 Questions
- 230+ SSC previous papers with solutions PDF
- 100+ SSC Online Tests for Free
