On selling a watch at 4/5th of the marked price, there is a loss of 4%. What will be the ratio between the marked price and cost price of the watch?

On selling a watch at 4/5th of the marked price, there is a loss of 4%

1.	On selling a watch at 4/5th of the marked price, there is a loss of 4%. What will be the ratio between the marked price and cost price of the watch?
A.	6 : 5
B.	5 : 3
C.	10 : 7
D.	7 : 5
Answer» B. 5 : 3

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On selling a watch at 4/5th of the marked price, there is a loss of 4%. What will be the ratio between the marked price and cost price of the watch?

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