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If the loss of percent on article is 15%. Then the ratio of the cost price and selling price will be = ?

A. 17 : 20

B. 20 : 17

C. 23 : 15

D. 15 : 23

Answer: Option B

Solution(By Examveda Team)

The loss of percent on article is 15%
$$\eqalign{ & 15\% = \frac{{15}}{{100}} = \frac{{3 \to {\text{Loss}}}}{{20 \to {\text{C}}{\text{.P}}{\text{.}}}} \cr & {\text{Selling price }} = 17 \cr & {\text{C}}{\text{.P}}{\text{.}}:{\text{S}}{\text{.P}}{\text{.}} = 20:17 \cr} $$

This Question Belongs to Arithmetic Ability >> Profit And Loss

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