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A shopkeeper earns a profit of 17% on se...

A shopkeeper earns a profit of `17%` on selling a book at `10%` discount on the printed price. The ratio of the C.P to the printed price of the book is

A

`9:17`

B

`10:13`

C

`13:17`

D

`10:17`

Text Solution

AI Generated Solution

The correct Answer is:
To solve the problem step-by-step, we need to establish the relationship between the cost price (C.P.), printed price (P.P.), profit percentage, and discount percentage. ### Step-by-Step Solution: 1. **Understand the Given Information:** - Profit Percentage = 17% - Discount Percentage = 10% 2. **Define the Variables:** - Let the Cost Price (C.P.) be \( C \). - Let the Printed Price (P.P.) be \( P \). 3. **Establish the Relationship:** - When a book is sold at a discount, the selling price (S.P.) can be expressed as: \[ S.P. = P - (10\% \text{ of } P) = P \times (1 - 0.10) = 0.90P \] - The profit is given as 17%, which means: \[ S.P. = C + (17\% \text{ of } C) = C \times (1 + 0.17) = 1.17C \] 4. **Set Up the Equation:** - Since both expressions represent the selling price (S.P.), we can set them equal to each other: \[ 0.90P = 1.17C \] 5. **Rearranging the Equation:** - To find the ratio of C.P. to P.P., we rearrange the equation: \[ \frac{C}{P} = \frac{0.90}{1.17} \] 6. **Calculate the Ratio:** - Simplifying the fraction: \[ \frac{C}{P} = \frac{0.90 \times 100}{1.17 \times 100} = \frac{90}{117} \] - Now, we can simplify \( \frac{90}{117} \): - The GCD of 90 and 117 is 9. - Dividing both the numerator and denominator by 9: \[ \frac{90 \div 9}{117 \div 9} = \frac{10}{13} \] 7. **Final Ratio:** - Therefore, the ratio of the Cost Price to the Printed Price is: \[ \frac{C}{P} = \frac{10}{13} \] ### Conclusion: The ratio of the Cost Price to the Printed Price of the book is \( 10:13 \).
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