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    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.

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