a shopkeper markes his goods in such away that after allowi g a 25% discount on the marked price .he still makes a profit of50% .find the ratio of c.p to the marked price
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Discount = 25% on the marked price.
Profit = 50%.
∴ According to the question,
75/100 Mp=CP(1 +50/200)
0.75MP=1.5CP
CP/Mp=0.75/1.5
so CP/Mp=1/2
hope this helps you....
Profit = 50%.
∴ According to the question,
75/100 Mp=CP(1 +50/200)
0.75MP=1.5CP
CP/Mp=0.75/1.5
so CP/Mp=1/2
hope this helps you....
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