Question

A greengrocer sells a melon at a profit of 37.5% on the price he pays for it . What is the ratio of the cost price to the selling price

plz show working also

Answer 1

Answer:0.727

Explanation:

Given

A greengrocer sells a melon at a profit of 37.5 % on the price he pays for it

Let the cost price of Melon is x

then it's selling price would be (1+0.375)x=1.375x

therefore the ratio of the cost price to the selling price would be

`ratio=(cost\ price)/(selling\ price)`

`=(x)/(1.375x)=0.727`

Answer 2

Let the cost price of the melon be $ 10.
So its selling price is $ 10 X ( 100 % + 37.5 % ) = $ 10 X 137.5 % = $ 13.75
The ratio of the cost price to the selling price = 10 : 13.75 = 8 : 11
Another solution =
The cost price = 100 %
The selling price = 137.5 %
The cost price : the selling price = 100 : 137.5 = 8 : 11