Sawaal
32
Q:

If the selling price of a mat is five times the discount offered and if the percentage of discount is equal to the percentage profit, find the ratio of the discount offered to the cost price.

A) 6:31 B) 11:30
C) 7:30 D) 31:6

Answer:   C) 7:30



Explanation:

Since S.P. = 5 (M.P. - S.P.) => 5 M.P. = 6 S.P.
M.P. = (6/5) S.P.
Since the percentage discount = Percentage profit,
65S.P - S.P65S.P×100 = S.P -C.PC.P×100
Therefore, 1/6 = (S.P/C.P) – 1 => S.P = (7/6) C.P
M.P = 6/5 S.P = 6/5 x 7/6 C.P = 7/5 C.P
Therefore, Ratio of discount to C.P
= (M.P – S.P)/C.P = [{(7/5)C.P - (7/6)C.P} / C.P.]
= 7/30

 

Therefore, the ratio is 7 : 30

Subject: Profit and Loss
Exam Prep: GRE , GATE , CAT , Bank Exams , AIEEE
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