1954 AHSME Problems/Problem 11
Problem 11
A merchant placed on display some dresses, each with a marked price. He then posted a sign “ off on these dresses.” The cost of the dresses was of the price at which he actually sold them. Then the ratio of the cost to the marked price was:
Solution
Let be the marked price. Then would be the selling price of the dresses. The cost of the dresses was of the selling price, or . So the ratio of the cost to the marked price is , or $\frac{1}{2} \implies \fbox\textbf{(A)} \frac{1}{2}$.
1954 AHSC (Problems • Answer Key • Resources) | ||
Preceded by Problem 10 |
Followed by Problem 12 | |
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