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Kaylis [27]
3 years ago
12

A retailer sold a vacuum cleaner for 40% below its marked price. The sale price was 50% above the cost to the retailer. What is

the ration of marked price to cost?
Mathematics
1 answer:
Komok [63]3 years ago
5 0

Answer:

10 : 9

Step-by-step explanation:

Given that a retailer sold a vacuum cleaner for 40% below its marked price.

Let the marked price = P

40% below = (100 - 40)P/100

Sale price = 60P/100

Sale price = 0.6P

The sale price was 50% above the cost to the retailer.

That is, cost price = (100 + 50)0.6P/100

Cost price = (150)0.6P/100

Cost price = 1.5 × 0.6P

Cost price = 0.9P

What is the ratio of marked price to cost?

The ratio will be = P/0.9P

Multiply both the numerator and denominator by 10

Ratio = 10 : 9

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Answer:

We conclude that the percent of decrease = 20%

Step-by-step explanation:

Given

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Percent of decrease = ( amount of decrease / orignal amount × 100 ) %

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Step-by-step explanation:

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