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Aptitude · Q120

Profit And Loss

Competitive Exams · Aptitude · question 120

Q120

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
Answer
D.
3 : 1

Answer: Option C

Solution

Answer: Option C
Solution:
Let C.P. = Rs. x
Profit = 200%
∴ S.P. = 300% of Rs. x = Rs. 3x
Required ratio = x : 3x = 1 : 3