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If a shopkeeper sold a book with 20% pro...

If a shopkeeper sold a book with 20% profit after giving a discount of 10% on marked price. The ratio of cost price and marked price of the book is

A

`6:5`

B

`5:6`

C

`3:4`

D

`2:3`

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The correct Answer is:
To solve the problem step by step, let's denote the following: - Let the marked price (MP) of the book be \( X \). - The discount given on the marked price is 10%. ### Step 1: Calculate the Selling Price (SP) The selling price after a 10% discount on the marked price can be calculated as follows: \[ SP = MP - \text{Discount} \] \[ \text{Discount} = 10\% \text{ of } X = \frac{10}{100} \times X = \frac{X}{10} \] \[ SP = X - \frac{X}{10} = \frac{10X}{10} - \frac{X}{10} = \frac{9X}{10} \] ### Step 2: Relate Selling Price to Cost Price (CP) We know that the shopkeeper sold the book at a 20% profit. The relationship between selling price, cost price, and profit percentage is given by: \[ SP = CP + \text{Profit} \] \[ \text{Profit} = 20\% \text{ of } CP = \frac{20}{100} \times CP = \frac{1}{5} CP \] Thus, we can express the selling price in terms of cost price: \[ SP = CP + \frac{1}{5} CP = \frac{6}{5} CP \] ### Step 3: Set the two expressions for Selling Price equal to each other Now we have two expressions for the selling price: \[ \frac{9X}{10} = \frac{6}{5} CP \] ### Step 4: Solve for Cost Price (CP) To find the cost price, we can rearrange the equation: \[ CP = \frac{9X}{10} \times \frac{5}{6} = \frac{9 \times 5X}{10 \times 6} = \frac{45X}{60} = \frac{3X}{4} \] ### Step 5: Find the ratio of Cost Price to Marked Price We need to find the ratio of cost price to marked price: \[ \text{Ratio of CP to MP} = \frac{CP}{MP} = \frac{\frac{3X}{4}}{X} = \frac{3}{4} \] ### Final Answer The ratio of the cost price to the marked price of the book is: \[ \text{Ratio} = 3 : 4 \] ---
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