Question

The ratio between the sale price and the cost price of an article is 32 : 24. What is the ratio between the profit and the cost price of that article?

A 3 : 1 Correct Answer Incorrect Answer
B 2: 3 Correct Answer Incorrect Answer
C 4 : 3 Correct Answer Incorrect Answer
D 1 : 3 Correct Answer Incorrect Answer
E None of these Correct Answer Incorrect Answer

Solution

Profit = 32 – 24 = 8 ∴ Required ratio = 8 : 24 = 1 : 3.

Practice Next

Relevant for Exams:

×
×