A man makes a profit of 20% after selling a product on 28% discount on the printed price. Find the ratio of printed price to cost price
A man makes a profit of 20% after selling a product on 28% discount on the printed price. Find the ratio of printed price to cost price
Solution
✅ Correct Option: 2
Let CP = 100. SP = 120 (20 percent profit). SP is also 72 percent of MP, so MP = 120 x 100/72 = 500/3. Ratio MP : CP = 500/3 : 100 = 5 : 3.
Related questions:
2022: 6 Oct Shift 1
2023: 1 June Shift 1
2025: 2 June Shift 2