A shopkeeper marks his goods in such a way that after allowing a discount of 25% on the marked price,
Question:
A shopkeeper marks his goods in such a way that after allowing a discount of 25% on the marked price, he still makes a profit of 50%. Find the ratio of the C.P. to the M.P.
Solution:
Let C.P be Rs $x$ and M.P be Rs $y$.
Gain $\%=50$
We know that,
S. $P=\left[\frac{(100+\text { Gain } \%)}{100} \times\right.$ C. $\left.P\right]$
$=\left[\frac{150}{100} \times x\right]$
$=\frac{3}{2} x$
Discount $\%=25$
Discount $=25 \%$ of $y$
$=$ Rs $0.25 y$
So, S.P = M.P - Discount
$=y-0.25 y$
$=0.75 y$
So, S.P $=0.75 y$
Also, S.P $=\frac{3}{2} x$
Comparing both values for S.P., we get:
$\frac{3}{2} x=0.75 y$
$\frac{x}{y}=\frac{0.75 \times 2}{3}$
$=\frac{1.5}{3}$
$=\frac{1}{2}$
Thus, C.P : M.P = $1: 2$