Our website is made possible by displaying online advertisements to our visitors. Please consider supporting us by whitelisting our website.

The ratio between the sale price and the cost price of an article is 7:5. What is the ratio between the profit and the cost price of that article?

/ Mathematics Mcqs, Profit and Loss Mcqs / By
The ratio between the sale price and the cost price of an article is 7:5. What is the ratio between the profit and the cost price of that article?

A. 2:7
B. 5:2
C. 7:2
D. Data inadequate
E. None of these
Explanation:
Let C.P. = Rs. 5x and S.P. = Rs. 7x.
Then, Gain = Rs. 2x
Required ratio = 2x : 5x = 2:5