4% of the selling price of an article is cqual to 5% of its cost price. Again 20% of the selling price is R120 more than 22% of its cost price. The ratio of cost price & selling price is-
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The answer is 4/5.
Let the CP be x
ATQ,
4% of SP = 5% of CP
4/100 × SP = 5/100 × x
SP = 5x/4
We can directly find the ratio since we don't have to find the values.
CP x
__ = ___
SP 5x/4
Therefore, ratio = 4:5
Let the CP be x
ATQ,
4% of SP = 5% of CP
4/100 × SP = 5/100 × x
SP = 5x/4
We can directly find the ratio since we don't have to find the values.
CP x
__ = ___
SP 5x/4
Therefore, ratio = 4:5
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