Computer Science, asked by vanshitab2482, 7 months ago

A retailer gives a discount of 20% & still earns a profit of 10%. What is the ratio of Cost price & List price?

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Answered by darshan1770
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Answer:

vvvvvvvvet CP = 100

SP = 120 ( since gain is 20%)

Now 120 represents 90% of List Price

=> LP or MP = 120/90 x 100

SP if he gives 20% discount = 120/90 x 100 x 80/100 = 960/9

Profit = 960/9 - 100 = 60/9

Profit % = 60/900 x 100 = 6 2/3%

:-)

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srimani605

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the ratio of cost price to the list price is 8 : 11

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