A seller allows 20% discount for cash payment on the marked price of his goods.
MATHEMATICS
WAEC 2006
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
- A. 1:4
- B. 1:5
- C. 3:4
- D. 4:5
Correct Answer: D. 4:5
Explanation
(1 - \(\frac{20}{100}\)) = cash payment fraction= \(\frac{4}{5}\)
The ratio of the cash payment to the marked price = 4:5
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