Home
Class 14
MATHS
4% of the selling price of an articie 5%...

4% of the selling price of an articie 5% of itsc ost price. Again 20% ofthes elling price is Rs. 120 more than 22% ofits cost price. he ratio of cost price & selling price is

A

`2:3`

B

`3:2`

C

`4:5`

D

`5:4`

Text Solution

AI Generated Solution

The correct Answer is:
To solve the problem step by step, we will break down the information given in the question and derive the required ratio of the cost price (CP) and selling price (SP). ### Step 1: Set up the equations based on the information given. We know from the question that: 1. \( 4\% \) of the selling price (SP) is equal to \( 5\% \) of the cost price (CP). 2. \( 20\% \) of the selling price is Rs. 120 more than \( 22\% \) of the cost price. From the first statement, we can write the equation: \[ 0.04 \times SP = 0.05 \times CP \] ### Step 2: Rearranging the first equation. We can rearrange the equation to express the relationship between SP and CP: \[ 4SP = 5CP \] Dividing both sides by 4 and 5 gives us: \[ \frac{SP}{CP} = \frac{5}{4} \] ### Step 3: Find the ratio of CP to SP. To find the ratio of cost price to selling price (CP:SP), we take the reciprocal of the above ratio: \[ \frac{CP}{SP} = \frac{4}{5} \] This means that the ratio of CP to SP is 4:5. ### Step 4: Analyze the second statement. Now, let's analyze the second statement: \[ 0.20 \times SP = 0.22 \times CP + 120 \] ### Step 5: Substitute SP in terms of CP. From the first equation, we can express SP in terms of CP: \[ SP = \frac{5}{4} CP \] Substituting this into the second equation gives: \[ 0.20 \times \left(\frac{5}{4} CP\right) = 0.22 \times CP + 120 \] ### Step 6: Simplify the equation. Now, simplifying the left side: \[ 0.20 \times \frac{5}{4} CP = \frac{1}{4} CP \] So we have: \[ \frac{1}{4} CP = 0.22 CP + 120 \] ### Step 7: Rearrange to isolate CP. Rearranging gives: \[ \frac{1}{4} CP - 0.22 CP = 120 \] Finding a common denominator (4): \[ \frac{1}{4} CP - \frac{0.88}{4} CP = 120 \] This simplifies to: \[ \frac{1 - 0.88}{4} CP = 120 \] \[ \frac{0.12}{4} CP = 120 \] Multiplying both sides by 4: \[ 0.12 CP = 480 \] Dividing by 0.12: \[ CP = \frac{480}{0.12} = 4000 \] ### Step 8: Calculate SP. Now, substituting back to find SP: \[ SP = \frac{5}{4} \times 4000 = 5000 \] ### Conclusion: Final Ratio Now we have: - Cost Price (CP) = 4000 - Selling Price (SP) = 5000 Thus, the ratio of Cost Price to Selling Price (CP:SP) is: \[ CP:SP = 4000:5000 = 4:5 \] ### Final Answer The ratio of cost price to selling price is **4:5**.
Promotional Banner

Topper's Solved these Questions

  • PERCENTAGE

    MOTHERS|Exercise MULTIPLE CHOICE QUESTIONS |247 Videos
  • PROFIT & LOSS (PREVIOUS YEAR QUESTIONS 2018)

    MOTHERS|Exercise QUESTIONS |123 Videos

Similar Questions

Explore conceptually related problems

If selling price is Rs 100 more than the cost price and profit is 20%, then what is the cost price?

If selling price is Rs 100 more than the cost price and profit is 20%, then what is the cost price?

The cost price and selling price of an article are in the ratio of 3 : 7. If the selling price is Rs. 700, then find the cost price

If 20% profit is on cost price,what is profit percentage on selling price?

If the profit is 20%, then what will be the ratio of cost price to selling price respectively?

MOTHERS-PROFIT & LOSS-MULTIPLE CHOICE QUESTIONS
  1. A shopkeeper allows 20% discount on his advertised price and to make a...

    Text Solution

    |

  2. If the profit on selling an article for Rs 425 is the same as the loss...

    Text Solution

    |

  3. 4% of the selling price of an articie 5% of itsc ost price. Again 20% ...

    Text Solution

    |

  4. Due to 25% fall in the rate of eggs, one can buy 2 dozen eggs more tha...

    Text Solution

    |

  5. Last year Mr. A bought two paintings. This year he sold them for Rs 20...

    Text Solution

    |

  6. A man sells rice at 10% profit and uses weight 30% less than the actua...

    Text Solution

    |

  7. The marked price of a tape recorder is 12,600.A festivel discount of 5...

    Text Solution

    |

  8. Articles are marked at a price which gives a profit of 25%. After allo...

    Text Solution

    |

  9. A man sells an article at 5% above its cost price. Ifhe had bought it ...

    Text Solution

    |

  10. A merchants marked price the price of an article by increasing is prod...

    Text Solution

    |

  11. A manufacturer fixes his selling price at 33% over the cost of product...

    Text Solution

    |

  12. Ifa shopkeeper wants to give 20% discount on a toy, he has to sell it ...

    Text Solution

    |

  13. Ram sold two horses at the same price. In one he gets a profit of 10% ...

    Text Solution

    |

  14. A man purchases some oranges at the rate of 3 for Rs 40 and the same q...

    Text Solution

    |

  15. There would be a 10% loss, if rice is sold at F 54 per kg. To earn a p...

    Text Solution

    |

  16. A dealer allows his cstomers a discount of 25% and still gains 25%. If...

    Text Solution

    |

  17. The difference between a discount of 30% and two successive discounts ...

    Text Solution

    |

  18. A tradesman marks his goods at 20% above the cost price. He allows his...

    Text Solution

    |

  19. If a man reduces the selling price of a fan from 1,250 to 1,000, his l...

    Text Solution

    |

  20. By selling 20 metres of cloth a man gains the selling price of 4 metre...

    Text Solution

    |