A trader gains 15% after selling an item at 10% discount on the printed price. The ratio of the cost price and printed price of the item is
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GIVEN,
G% = 15%
D% = 10% ON MP
LET MP = Rs. 100
SP = MP - MP *(D%/100)
SP = 100 - 100* (10/100)
SP = Rs. 90
So,
CP = (SP*100)/(100+G%)
CP = (90*100)/(100+15)
CP = (9000)/115
CP = 1800/23
CP : MP = (1800/23):100
CP/MP = 1800/2300
CP/MP = 18/23
CP : MP = 18 : 23
Please let me know if the answer is correct.
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1
Answer:
answer is 18:23
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