A Shopkeeper gives 5 articles free on the purchase of every 15
articles. He also allow a discount of 20% to customer and still earn
20% profit. Find the ratio of the cost price to the marked price of
the article?
1:2
1:3
2:1
1:4
Answers
Answer:
The ratio of Cost Price to Marked price is 1 : 2.
Step-by-step explanation:
Given :
5 articles free on = purchase of every 15 articles
To find :
Ratio of CP to MP
Solution :
Let Cost Price be Rs. 100
The shopkeeper allows a discount of 20%,
Cost Price = 100 - 20% of 100
= 100 - 20
= Rs. 80
Total articles sold = 15 + 5
= 20
Cost Price of one Article = 80/20
= Rs. 4
Profit made of 20%,
Marked Price = 100 + 20% of 100
= 100 + 20
= Rs. 120
Number of articles which are charged = 15
Marked Price of one article = 120/15
= Rs. 8
Ratio of CP to MP,
- Cost Price = Rs. 4
- Marked Price = Rs. 8
CP : MP = 4 : 8
CP : MP = 1 : 2
The ratio of Cost Price to Marked price is 1 : 2.
||✪✪ QUESTION ✪✪||
A Shopkeeper gives 5 articles free on the purchase of every 15 articles. He also allow a discount of 20% to customer and still earn 20% profit. Find the ratio of the cost price to the marked price of the article?
1:2
1:3
2:1
1:4
|| ✰✰ ANSWER ✰✰ ||
Given That, The Shopkeeper gives 5 articles free on the purchase of every 15 articles.
That Means ,
→ He is Giving a Discount of = (Free items) * 100/ (Total items The buyer Bought ).
→ Discount % = (5*100)/20 = 25% .
__________________________
Now, Also Given That, He also allow a discount of 20% to customer .
So,
→ Overall Discount % The shoppkeeper is giving is = (20 + 25) - (20*25/100)
→ Overall Discount % = 20 + 25 - 5 = 40% .
_________________________
Now, we have Overall Discount % Shopkeeper give is 40% and Still he Earn a profit of 20% .
we know That, now, Relation between Cost price and Marked is :-
☛ CP : MP = (100 - Discount %) : (100 + Profit%)
So,
☞ CP : MP = (100 - 40) : (100 + 20)
☞ CP : MP = 60 : 120