Quantitative Aptitude Ques 1479

Question: A shopkeeper earns a profit of 20% on selling a book at a 16% discount on the printed price. The ratio of the cost price and the printed price is

Options:

A) 5 : 6

B) 5 : 7

C) 7 : 10

D) 6 : 11

Show Answer

Answer:

Correct Answer: C

Solution:

  • Let the printed price be Rs. 100, Then, SP = 84 and gain = 20% $ CP=\frac{100}{120}\times 84=Rs\text{. 70} $ CP: Printed Price = 70 :100 = 7 : 10
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