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Quantitative Aptitude
Profit, Loss & Discount
A shopkeeper ...
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.
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Solution
Let
C
.
P
be
Rs
x
and
M
.
P
be
Rs
y
.
Gain%
=
50
We
know
that
,
S
.
P
=
100
+
Gain
%
100
×
C
.
P
=
150
100
×
x
=
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
=
3
2
x
Comparing both values for S.P., we get:
3
2
x
=
0
.
75
y
x
y
=
0
.
75
×
2
3
=
1
.
5
3
=
1
2
Thus
,
C
.
P
:
M
.
P
=
1
:
2
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