Question 36
Commercial ArithmeticA seller allows 20% discount for cash payment on the marked price of his goods. What is the ratio of the cash payment to the marked price?
- A.1:4
- B.1:5
- C.3:4
- D.4:5
Show the answer and explanation
Answer: D (4:5)
Explanation
With 20% off, the cash price is 80% of the marked price: 80:100 = 4:5.