Aanand, a shopkeeper earns a profit of 15% after selling an article at 20% discount on the printed price.
Find the ratio of the cost price and the printed price of the article.
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Answer:
Step-by-step explanation:
Profit%=15%
Discount%=20%
CP=?
MP=? x(let)
now,
SP=MP-d% of MP
=x-20/100*x
=80x/100
SP=4x/5
now,
profit%=SP-CP/CP*100%
15%=4x/5-CP/CP*100%
15=4x-5CP*100
0.15=4x-5CP
0.15+5CP/4=x
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