A mixer is sold at discount of 25% and profit given is 20%. Find the ratio of CP to MRP.
A mixer is sold at discount of 25% and profit given is 20%. Find the ratio of CP to MRP.
A05:08
B08:05
C04:05
D05:04
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correct answer is: 05:08
Explanation: The mixer is sold at a 25% discount, meaning the selling price (SP) is 75% of the MRP (0.75 * MRP). The profit is 20%, so SP is also 120% of the CP (1.20 * CP). Setting these equal gives 0.75 * MRP = 1.20 * CP. Solving for the ratio CP/MPR yields 5/8 or 05:08.
- OPTION a (05:08): Correct, as shown by the calculations.
- OPTION b (08:05): Incorrect, as it reverses the correct ratio.
- OPTION c (04:05): Incorrect, does not match the calculated ratio.
- OPTION d (05:04): Incorrect, does not match the calculated ratio.
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