A shopkeeper earns a profit of 15% after selling a book at 20% discount on the printed price. The ratio of the cost price and printed price of the book is?
Question
Solution 1
Let's denote the cost price of the book as CP and the printed price as PP.
Step 1: We know that the shopkeeper sells the book at a 20% discount on the printed price. This means the selling price (SP) of the book is 80% of the printed price. We can express this as: SP = 0.8 * PP.
Step 2: We also k Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.
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