Question Details

Detailed explanation and options for the selected question.

A shopkeeper sells an item at a 12% discount and makes a profit of 5%. What is the ratio of the cost price to the marked price?

A. 0.84:1

B. 0.80:1

C. 0.85:1

D. 0.90:1

Explanation:

Calculations show the cost price is approximately 84% of the marked price.