- A 1:2
- B 2:1
- C 1:3
- D 3:1
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Answer:
C
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If an article is sold at a 200% profit, this means that the selling price is 300% of the cost price. The ratio of the cost price to the selling price can be expressed as a fraction, with the cost price as the numerator and the selling price as the denominator. Since the selling price is 300% of the cost price, the fraction representing the ratio of the cost price to the selling price is 1/3. So the ratio of the cost price to the selling price is 1/3.Click me to Read more Question & Answer of Profit and Loss
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