Q: If an article is sold at 200 percent profit, then the ratio of its cost price to its selling price will be

A 1:2
B 2:1
C 1:3
D 3:1

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Answer: C

Explanation:

If an article is sold at a 200% profit, this means that the selling price is 300% of the cost price. The ratio of the cost price to the selling price can be expressed as a fraction, with the cost price as the numerator and the selling price as the denominator.

Since the selling price is 300% of the cost price, the fraction representing the ratio of the cost price to the selling price is 1/3.

So the ratio of the cost price to the selling price is 1/3.

Profit and Loss

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Q: If an article is sold at 200 percent profit, then the ratio of its cost price to its selling price will be

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