A shopkeeper eams a profit of 15% on selling a book at 15% discount on the printed price. The ratio of the cost price and the printed price of the book is:
Show answer & explanation
Correct answer: D
Explanation
The correct answer is Option 4 i.e. 17:23.
Let MP = ₹100
⇒ SP = ₹85 (after 15% discount)
Let CP = x
1.15x = 85
x = 85/1.15 = 73.91
CP : MP = 73.91 : 100 = 17 : 23