Advertisements
Advertisements
Question
If an article is sold at 200 percent profit, then the ratio of its cost price to its selling price will be
Options
1 : 2
2 : 1
1 : 3
3 : 1
MCQ
Advertisements
Solution
1 : 3
Explanation:
Let C.P. = ₹ x. Profit = 200%
∴ S.P. = 300% of ₹ x = ₹ 3x.
Required ratio = x : 3x = 1 : 3.
shaalaa.com
Profit and Loss (Entrance Exam)
Is there an error in this question or solution?
