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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. 100
According to the question,
\[{\text{100 (cp)}}\xrightarrow{{200\% {\text{ profit}}}}{\text{300 (sp)}}\]
\[{\text{Ratio of }}\frac{{{\text{CP}}}}{{{\text{SP}}}} = \frac{{100}}{{300}} = \frac{1}{3}\]

This Question Belongs to Arithmetic Ability >> Profit And Loss

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