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

Answer 1

1 : 3

Explanation:

Let C.P. = ₹ x. Profit = 200%

∴ S.P. = 300% of ₹ x = ₹ 3x.

Required ratio = x : 3x = 1 : 3.