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On selling a book at 9/14 of the marked...

On selling a book at `9/14` of the marked price, there is loss of 10%. What will be the ratio of marked price and cost price of the book?

A

`5:9`

B

`5:8`

C

`7:4`

D

`7:5`

Text Solution

AI Generated Solution

The correct Answer is:
To solve the problem step by step, we will denote: - Marked Price (MP) = M - Cost Price (CP) = C - Selling Price (SP) = S Given: 1. Selling Price (S) = \( \frac{9}{14} \) of the Marked Price (M) 2. There is a loss of 10%. ### Step 1: Express Selling Price in terms of Marked Price From the information given, we can express the Selling Price (S) as: \[ S = \frac{9}{14} M \] ### Step 2: Understand the Loss Percentage A loss of 10% means that the Selling Price is 90% of the Cost Price. Therefore, we can write: \[ S = C - 0.10C = 0.90C \] ### Step 3: Set the two expressions for Selling Price equal Now we have two expressions for Selling Price: \[ \frac{9}{14} M = 0.90C \] ### Step 4: Rearranging the equation to find the ratio of Marked Price to Cost Price To find the ratio of Marked Price (M) to Cost Price (C), we can rearrange the equation: \[ M = \frac{0.90C \cdot 14}{9} \] \[ M = \frac{12.6C}{9} \] \[ M = \frac{14C}{10} \] ### Step 5: Find the ratio of Marked Price to Cost Price Now we can find the ratio of Marked Price (M) to Cost Price (C): \[ \frac{M}{C} = \frac{14}{10} = \frac{7}{5} \] ### Conclusion Thus, the ratio of Marked Price to Cost Price is: \[ \text{Ratio of Marked Price to Cost Price} = 7:5 \] ---
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