The value of discount given on an article is (2/17) of the marked price. What is the ratio of the value of discount to the selling price?
Show answer & explanation
Correct answer: C
Explanation
Given:
Discount = 2/17 of the marked price
By the formula:
Selling price = Marked price − Discount
Let Marked price = 17x
Discount = (2/17) × 17x = 2x
Selling price = 17x − 2x = 15x
Ratio (Discount : Selling price) = 2x : 15x = 2 : 15