If an article sold at 200% profit then the ratio of its cost price to his selling price will be = ?
A. 1 : 2
B. 2 : 1
C. 1 : 3
D. 3 : 1
Answer: Option C
Solution (By Examveda Team)
Let the cost price of the article is = Rs. 100According to the question,
\[{\text{100 (cp)}}\xrightarrow{{200\% {\text{ profit}}}}{\text{300 (sp)}}\]
\[{\text{Ratio of }}\frac{{{\text{CP}}}}{{{\text{SP}}}} = \frac{{100}}{{300}} = \frac{1}{3}\]
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