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
Answer: Option C
Solution(By Examveda Team)
Let C.P. = Rs. xProfit = 200%
∴ S.P. = 300% of Rs. x = Rs. 3x
Required ratio = x : 3x = 1 : 3
This Question Belongs to Arithmetic Ability >> Profit And Loss
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