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
- 1:4
- 1:5
- 3:4
-
4:5
The correct answer is: D
Explanation
(1 - \(\frac{20}{100}\)) = cash payment fraction= \(\frac{4}{5}\)The ratio of the cash payment to the marked price = 4:5