Question

Question Number: 13
On Selling a toy at 20/31 of the marked price there is a loss of 20%. What will be the ratio of marked price and cost price of the toy?​

Answer 1

Answer:

4:5

Step-by-step explanation:

Let marked price be Rs.x

SP =20/31 of marked price = Rs. 20/31x

Loss = 20%

CP = 100/100-loss×SP

CP = 100/80× 20/31x = Rs.25/31x

Ratio of marked price and Cost price of toy =

Marked price/Cost price of toy

= Rs.20/31x ÷ 25/31x = 20/31x × 31x/25

= 20/25 (as 31x will be cancelled)

= 4/5

so ratio = 4:5

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