Sid bought 10 pens for ₹ 120 and sold those pens for ₹ 14 each. While Sam bought the same 10 pens for ₹ 150 and sold all the pens for ₹ 200. Find the ratio of profit between Sid and Sam.
A
2 : 3
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B
2 : 5
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C
3 : 2
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D
5 : 2
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Solution
The correct option is B 2 : 5 For Sid, C.P. of 10 pens = ₹ 120 and S.P. of 1 pen = ₹ 14 So, S.P of 10 pens = 10 × 14 = ₹ 140 Profit made = 140 - 120 = ₹ 20
For Sam, C.P. of 10 pens = ₹ 150 and S.P. of 10 pens = ₹ 200 Profit made = 200 - 150 = ₹ 50
So, ratio of profit between Sid and Sam = 20 : 50 = 2050 = 25 = 2 : 5