A discount of 20% on article A is equal to a discount of 15% on article B. What is the ratio of the marked price of articles A and B?
Show answer & explanation
Correct answer: B
Explanation
The correct answer is option 2 i.e. 3:4.
Let the marked price of article A be MP1 and the marked price of article B be MP2
(20/100)MP1 = (15/100)MP2
0.20MP1 = 0.15MP2
MP1/MP2 = 0.15/0.20 = 3/4
Hence, the ratio of the marked price of articles A and B is 3 : 4.