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A flower vase seller gives a discount of 30% and still earns a profit of 40%. Find the ratio of cost price to marked price of the vase.
1. 3 : 4
2. 1 : 3
3. 5 : 2
4. 1 : 2

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Correct Answer - Option 4 : 1 : 2

Given:

A flower vase seller gives a discount of 30% and still earns a profit of 40%.

Formula used:

Cost price : Marked price = CP : MP = (100 – discount%) : (100 + profit%)

Calculation:

According to the question, discount% = 30% and profit% = 40%

⇒ CP : MP = (100 – discount%) : (100 + profit%) = (100 – 30%) : (100 + 40%) = 70 : 140 = 1 : 2

∴ Ratio of cost price to marked price of the vase = 1 : 2.

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