Multiple choice

A trader gains $15\%$ after selling an item at $10\%$ discount on the printed price. The ratio of the cost price and the printed price is

  1. $18 : 23$
  2. $17 : 18$
  3. $17 : 23$
  4. $18 : 25$
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Let CP = 100. Gain 15% means SP = 115. Discount 10% on MP means 0.9 * MP = 115 => MP = 115 / 0.9 = 1150 / 9. Ratio CP:MP = 100 : (1150/9) = 900 : 1150 = 18 : 23.

AI explanation

Let the printed price be 100. Using the selling price formula after discount, Selling Price = Printed Price - (10% of 100), so the selling price is 90. Because this yields a 15% profit, the cost price is 90 / 1.15, which equals 1800 / 23, making the cost price in ratio terms 1800/23 to 100. Multiplying both sides by 23 gives a ratio of 1800 to 2300, which simplifies by dividing by 100 to 18 to 23. The ratio of the cost price to the printed price is 18:23.