IBPS Government Jobs Exams Numerical Ability Profit and Loss

The ratio of cost price to the selling price of an article is 5: 6. If 20% discount is offered on marked price of the article then marked price is what percent more than cost price? (1) 150% (2) 50% (3) 40% (4) 60% (5) 100/3%

Read Solution (Total 1)

CP : SP =5 : 6
MRP : SP= 5 : 4

By equalizing the selling Price we get 10:12, 15:12 ratio

Now CP = 10, SP = 15

=5/10*100 =50%
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