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A shopkeeper earns a profit of 12% on se...

A shopkeeper earns a profit of 12% on selling a book at 10% discount on the printed price. The ratio of the cost price and the printed price of the book is

A

`45:56`

B

`45:51`

C

`47:56`

D

`47:51`

Text Solution

AI Generated Solution

The correct Answer is:
To solve the problem step by step, let's denote: - Cost Price (CP) = x - Printed Price (PP) = y ### Step 1: Understand the Profit and Discount The shopkeeper earns a profit of 12% on the cost price. This means: \[ \text{Selling Price (SP)} = CP + 12\% \text{ of } CP = x + 0.12x = 1.12x \] The shopkeeper sells the book at a 10% discount on the printed price. Therefore, the selling price can also be expressed as: \[ SP = PP - 10\% \text{ of } PP = y - 0.10y = 0.90y \] ### Step 2: Equate the Two Expressions for Selling Price Since both expressions represent the selling price, we can set them equal to each other: \[ 1.12x = 0.90y \] ### Step 3: Rearranging the Equation We can rearrange this equation to find the ratio of CP to PP: \[ \frac{x}{y} = \frac{0.90}{1.12} \] ### Step 4: Simplifying the Ratio To simplify \( \frac{0.90}{1.12} \): 1. Convert both numbers to fractions: - \( 0.90 = \frac{90}{100} = \frac{9}{10} \) - \( 1.12 = \frac{112}{100} = \frac{28}{25} \) 2. Now, substituting these fractions into the ratio: \[ \frac{x}{y} = \frac{9/10}{28/25} = \frac{9}{10} \times \frac{25}{28} = \frac{9 \times 25}{10 \times 28} = \frac{225}{280} \] ### Step 5: Simplifying Further Now simplify \( \frac{225}{280} \): - The greatest common divisor (GCD) of 225 and 280 is 5. - Dividing both the numerator and denominator by 5: \[ \frac{225 \div 5}{280 \div 5} = \frac{45}{56} \] ### Final Ratio Thus, the ratio of the cost price to the printed price is: \[ \frac{CP}{PP} = \frac{45}{56} \] ### Conclusion The ratio of the cost price and the printed price of the book is 45:56. ---
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