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Akash purchased an article at a discount of 40% and sold it to Ram at 40% profit. What is the ratio between the marked price and the price for which he sold
- A27 : 31
- B25 : 21
- C24 : 23
- D25 : 24
Answer not set
Discussion 1
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CCommunity
Let, marked price = Rs. x
Discount = 40%
∴ Cost price = x - x × 40/100 = Rs. 0.6x
Profit = 40%
∴ Selling price,
⇒ 0.6x + 0.6x × 40/100
⇒ 0.84x
∴ Required Ratio,
⇒x ? 0.84x
⇒ 100 ? 84
⇒ 25 ? 21
Discount = 40%
∴ Cost price = x - x × 40/100 = Rs. 0.6x
Profit = 40%
∴ Selling price,
⇒ 0.6x + 0.6x × 40/100
⇒ 0.84x
∴ Required Ratio,
⇒x ? 0.84x
⇒ 100 ? 84
⇒ 25 ? 21