Question

On Selling a watch at 4/5 of the marked price there is
loss of 4%. What will be the ratio of the marked price
and cost price of the watch?
a) 6:5 b) 5:3 c) 10:7 d) 7:5

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Answer 1

Answer:

a

Step-by-step explanation:

Let the Market be Rs. 'x'

Selling price = (4/5)x

If there is a loss of 4%, then, Cost price -loss = Selling price

Cp - 4% of CP = (4/5)x

96% of cp = (4/5)x

(24/25) CP = (4/5)x

Cp = (5/6)x

Ratio of Marketed price to cost price = x : (5/6)x=6 : 5