Question

The ratio between the S.P and C.P of that 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

Answer 1

The correct option is E

None of these

Let C.P = Rs. 5x and S.P = Rs. 7x.

Then, Gain = Rs. 2x.

$\therefore$Required ratio = 2x : 5x = 2 : 5.