ABC26GN2607 · Profit and Loss

Subject: General Aptitude · Chapter: Profit and Loss · Exam: 2010 · Marks: · Difficulty:

If an article is sold at 200 percent profit, then the ratio of its cost price to its selling price will be

(a)1 : 2

(b)2 : 1

(c)1 : 3

(d)3 : 1

Answer

Answer (as printed): C

Explanation

Let C.P. $=₹ x$. Profit $=200 \%$. ∴ S.P. $=300 \%$ of $₹ x=₹ 3 x$. Required ratio $=x: 3 x=1: 3$.

Explanation as extracted from the printed page; notation may be imperfect.