Fractions Question for Class 4

1) Dev Wants a Toy That Costs Rs 60. The Retail Price for the Toy Is Rs 40, and the Profit Is Rs 30.

  1. Then the Markup for the toy Is:
  2. Then the Margin for the toy Is:
  1.  

The cost price of the toy is Rs. 60
and profit = Rs. 30
We know that markup =

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Profit/cost

Markup = 30/60

Markup = 1/2

Now,

So, markup = 12 =

The correct option is option iii)

  1. The retail price of the toy is Rs 40
    And profit = Rs 30
    We know, Margin=Profit/Retail Price
     
    Margin= 30/40
     
    Margin= 3/4
     

So, margin = 3/4

                 

The correct option is option iv)

             

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