If the profit is 20%, then what will be the ratio of cost price to selling price respectively?
Let C.P. = Rs. $$x$$ and S.P. = Rs. $$y$$
Profit % = $$\frac{(S.P.-C.P.)}{C.P.}\times100$$
=> $$\frac{(y-x)}{x}\times100=20$$
=> $$\frac{(y-x)}{x}=\frac{20}{100}=\frac{1}{5}$$
=> $$5y-5x=x$$
=> $$5y=x+5x=6x$$
=> $$\frac{x}{y}=\frac{5}{6}$$
=> Ans - (B)
Create a FREE account and get:
