Multiple choice

A shopkeeper gets a profit of 12% after selling an article at 10% discount on its marked price. Then what is the ratio of its cost price and the marked price?

  1. 45 : 56

  2. 50 : 61

  3. 90 : 97

  4. 99 : 125

  5. None of these
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Let CP = c, MP = m. SP = 1.12c (12% profit) and SP = 0.90m (10% discount). So 1.12c = 0.90m, giving c/m = 90/112 = 45/56. Ratio CP:MP = 45:56. Option A is correct.

Keep practicing — related questions