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7.Profit and Loss
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By selling an article at $\frac{2}{5}$ of the marked price, there is a loss of $25 \%$. The ratio of the marked price and the cost price of the article is
A
$2:5$
B
$5:2$
C
$8:15$
D
$15:8$
Solution
$\frac{2}{5}$ of marked price $=75 \%$ of $C . P$
$\therefore \frac{\text { Marked price }}{\text { cost price (or } C . P .)}=\frac{75 \%}{2 / 5}=\frac{3 / 4}{2 / 5}=\frac{3}{4} \times \frac{5}{2}=\frac{15}{8}$
Standard 13
Quantitative Aptitude
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