Difference between marked price and the cost price is 50% of the selling price. if the discount percentage is 20% , then find the ratio between marked price and cost price.
- AOption (a)
5 : 3
- BOption (b)
7 : 5
- COption (c)
3 : 5
- DOption (d)
7 : 11
- EOption (e)
None
View answer & explanationHide answer & explanation
Correct answer
5 : 3
Why this answer is correct
Shortcut Trick
Assume Marked Price (MP) is 100.
Given Discount = 20%, so Selling Price (SP) = 100 − 20 = 80.
Difference (MP − CP) = 50% of SP = 0.5 × 80 = 40.
Since MP − CP = 40, then 100 − CP = 40 ⇒ Cost Price (CP) = 60.
Ratio MP : CP = 100 : 60 = 5 : 3.
∴ The correct answer is 5 : 3.
Alternate Method
Given: MP − CP = 0.5 × SP and Discount% = 20%
Formulas: SP = MP × (100 − D%) ÷ 100
⇒ Let Marked Price be M and Cost Price be C.
⇒ Selling Price (S) = M − 0.20M = 0.8M.
⇒ According to the question: M − C = 0.5 × S.
⇒ M − C = 0.5 × (0.8M) = 0.4M.
⇒ M − 0.4M = C ⇒ 0.6M = C.
⇒ M ÷ C = 1 ÷ 0.6 = 10 ÷ 6 = 5 ÷ 3.
∴ The correct answer is 5 : 3.
Additional Information
Marked Price and Discount
Marked Price (MP) is the price printed on an item. Discount is always calculated on the MP. SP = MP − Discount.
Relationship between CP, SP, and MP
Profit is SP − CP, whereas Discount is MP − SP. To find the ratio between MP and CP, we can use the formula MP ÷ CP = (100 + P%) ÷ (100 − D%) if profit percentage is known.
