Question

akash purchased as article at a discount of 40%and sold to ram at 40% profit. what is the ratio between marked price and selling price​

Answer 1

Take the cost price as 100
Selling price = 100-(40% x 100)=60
Resaleprice= 60+(40%*100)=100
So there is no difference in price but looking a Akash”s point his cost/profit ratio is 60/40 = 3/2