a green grocer sells a melon at 37.5% on the price he buyed it. What is the ratio of the cost price to the selling price
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Answer:
Let the cost price of the melon be $ 10.
So its selling price is $ 10 X ( 100 % + 37.5 % ) = $ 10 X 137.5 % = $ 13.75
The ratio of the cost price to the selling price = 10 : 13.75 = 8 : 11
Another solution =
The cost price = 100 %
The selling price = 137.5 %
The cost price : the selling price = 100 : 137.5 = 8 : 11
Step-by-step explanation:
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