An article is sold at a profit of 250%. What is the ratio of its cost price to selling price?
Show answer & explanation
Correct answer: C
Explanation
The correct answer is option 3 i.e. 2 : 7.
SP = CP ×
Let the cost price of the article be 100x.
SP = 100x ×
⇒ SP = 100x ×
⇒ SP = 350x
Noe required ratio = 100x : 350x
⇒ 2 : 7
Hence the required answer is 2 : 7.