A shopkeeper allows a discount of 20% on the marked price of an item and thus gains 10%. What is the ratio of the cost price to the marked price of th...

Question

A shopkeeper allows a discount of 20% on the marked price of an item and thus gains 10%. What is the ratio of the cost price to the marked price of the item?

Options

A.

8:11

B.

7:10

C.

9:13

D.

11:14

profit and lossdiscountratiomarked pricecost pricessc 2024

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