A 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
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Correct Answer: Option D
Explanation:
(1 - \(\frac{20}{100}\)) = cash payment fraction= \(\frac{4}{5}\)
The ratio of the cash payment to the marked price = 4:5
(1 - \(\frac{20}{100}\)) = cash payment fraction= \(\frac{4}{5}\)
The ratio of the cash payment to the marked price = 4:5