Elimination Method of Finding Solution of a Pair of Linear Equations
A shopkeeper ...
Question
A shopkeeper earns a profit of 12% on selling a book at 10% discount on the marked price. The ratio of the cost price and the marked price of the book is
A
45:56
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B
45:51
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C
47:56
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D
47:51
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Solution
The correct option is A45:56 Let the C.P. be Rs. x.
Then, S.P. =x+12% of x ⇒ S.P. =1.12x
Let M.P. be Rs. y.
Then, 90% of y=1.12x ⇒90100×y=1.12x ⇒y=11.2x9