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Mohan earns a profit of 20% selling a je...

Mohan earns a profit of 20% selling a jean at 15% discount on printed price. The ratio of the cost price to printed price of the jean is
A 17:24
B. 17:34
C. 16:13
D. 21:23

A

D

B

B

C

C

D

A

Text Solution

AI Generated Solution

The correct Answer is:
To solve the problem, we need to find the ratio of the cost price (CP) to the printed price (PP) of the jean given the profit percentage and discount percentage. ### Step-by-Step Solution: 1. **Identify the Given Values:** - Profit Percentage (P) = 20% - Discount Percentage (D) = 15% 2. **Understand the Relationship:** - The printed price (PP) is also known as the marked price. - The selling price (SP) can be calculated using the formula: \[ SP = PP - (D \times PP / 100) = PP \times (1 - D/100) \] - The cost price (CP) can be calculated using the formula: \[ CP = SP / (1 + P/100) \] 3. **Calculate Selling Price (SP) in terms of Printed Price (PP):** \[ SP = PP \times (1 - 0.15) = PP \times 0.85 \] 4. **Substitute SP into the CP formula:** \[ CP = \frac{SP}{1 + P/100} = \frac{PP \times 0.85}{1 + 0.20} = \frac{PP \times 0.85}{1.20} \] 5. **Simplify the Expression:** \[ CP = \frac{PP \times 0.85}{1.20} = PP \times \frac{0.85}{1.20} \] - Now, calculate \(\frac{0.85}{1.20}\): \[ \frac{0.85}{1.20} = \frac{85}{120} = \frac{17}{24} \] 6. **Determine the Ratio of Cost Price to Printed Price:** \[ \frac{CP}{PP} = \frac{17}{24} \] 7. **Final Answer:** The ratio of the cost price to the printed price of the jean is \( \frac{17}{24} \). ### Conclusion: The correct option is **A. 17:24**.
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