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If the selling price of a chair is 5 times the discount offered, and the discount percentage is equal to the profit percentage then find the ratio of discount offered to the cost price of the chair.1). 6 ∶ 302). 7 ∶ 303). 7 ∶ 354). 6 ∶ 35 |
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Answer» SINCE SP ? Discount = 5 ? 1 Suppose SP = 5x and discount = x----(1) ⇒ Marked price = 6x ⇒ Discount percentage = [6x – 5x]/6x = 100/6% Since discount percentage is EQUAL to the profit percentage ⇒ If CP = 6Y then SP = 7Y----(2) From equation 1 and 2 ? ⇒ SP = 35 ⇒ Discount = 7 and CP = 30 ∴ Ratio of discount offered to the COST price of the chair = 7 ? 30 |
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