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If the discount of a book is 30% of the ...

If the discount of a book is 30% of the SP and discount % equals profit %, then find the ratio of discount offered to the CP.

A

`17:52`

B

`24:65`

C

`28:55`

D

`32:85`

Text Solution

AI Generated Solution

The correct Answer is:
To solve the problem step by step, we will follow the information given in the question and the video transcript. ### Step 1: Understand the Given Information We know that: - The discount on the book is 30% of the Selling Price (SP). - The discount percentage equals the profit percentage. ### Step 2: Assume the Selling Price Let's assume the Selling Price (SP) of the book is ₹100. This simplifies our calculations. ### Step 3: Calculate the Discount The discount is 30% of the Selling Price: \[ \text{Discount} = 30\% \text{ of } 100 = \frac{30}{100} \times 100 = ₹30 \] ### Step 4: Calculate the Market Price The Market Price (MP) is the sum of the Selling Price and the Discount: \[ \text{Market Price} = \text{Selling Price} + \text{Discount} = 100 + 30 = ₹130 \] ### Step 5: Calculate the Discount Percentage Now, we can calculate the discount percentage based on the Market Price: \[ \text{Discount Percentage} = \left(\frac{\text{Discount}}{\text{Market Price}}\right) \times 100 = \left(\frac{30}{130}\right) \times 100 \] Calculating this gives: \[ \text{Discount Percentage} = \frac{30 \times 100}{130} = \frac{3000}{130} \approx 23.07\% \] ### Step 6: Set Profit Percentage Equal to Discount Percentage Since the problem states that the discount percentage equals the profit percentage, we have: \[ \text{Profit Percentage} = 23.07\% \] ### Step 7: Calculate the Cost Price (CP) Using the Selling Price and the Profit Percentage, we can find the Cost Price: \[ \text{Selling Price} = \text{Cost Price} + \text{Profit} \] Where Profit is given by: \[ \text{Profit} = \left(\frac{\text{Profit Percentage}}{100}\right) \times \text{Cost Price} \] Let the Cost Price be \( CP \): \[ 100 = CP + \left(\frac{23.07}{100} \times CP\right) \] This simplifies to: \[ 100 = CP \left(1 + \frac{23.07}{100}\right) = CP \left(\frac{123.07}{100}\right) \] Now, solving for \( CP \): \[ CP = \frac{100 \times 100}{123.07} \approx ₹81.25 \] ### Step 8: Find the Ratio of Discount to Cost Price Finally, we find the ratio of the Discount to the Cost Price: \[ \text{Ratio} = \frac{\text{Discount}}{\text{Cost Price}} = \frac{30}{81.25} \] Calculating this gives: \[ \text{Ratio} \approx 0.3692 \] ### Conclusion Thus, the ratio of the discount offered to the cost price is approximately \( 0.3692 \). ---
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