Arithmetic

Profit & Loss

Easy

A seller earns a profit of 10% after selling an object at 10% discount. What is the ratio of cost price to the printed price of the object ?

7 : 11

8 : 11

9 : 11

10 : 11

✅ Correct Option: 3

Let CP = $x$ and Printed Price = $y$ . Selling Price = $0.9y$ (after 10% discount). Also SP = $1.1x$ (10% profit). So $1.1x = 0.9y$ , giving $\frac{x}{y} = \frac{0.9}{1.1} = \frac{9}{11}$ . Thus CP : PP = 9 : 11.

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A seller earns a profit of 10% after selling an object at 10% discount. What is the ratio of cost price to the printed price of the object ?

Solution

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