WAEC - Mathematics (2006 - No. 25)
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
Explanation
(1 - \(\frac{20}{100}\)) = cash payment fraction= \(\frac{4}{5}\)
The ratio of the cash payment to the marked price = 4:5
The ratio of the cash payment to the marked price = 4:5