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Question
By selling an article at `3/4`th of the marked price, there is a gain of 25%. The ratio of the marked price and the cost price is
Options
5 : 3
3 : 5
3 : 4
4 : 3
MCQ
Solution
5 : 3
Explanation :
Let MP of an article= ₹ x
SP of an article = ₹ `3/4x`
and CP of an article = `(3x)/4xx100/(100+25`
= `(3x)/4xx100/125=₹(3x)/5`
∴ Required ratio = `x:(3x)/5=5:3`
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Profit and Loss (Entrance Exam)
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