The ratio between Sale price (S.P.) and Cost price (C.P.) of an article is 5:3. Find the ratio between…
Take the selling price as 5 parts and the cost price as 3 parts. The profit is \(5-3=2\) parts. Hence profit to cost price is \(2:3\).
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The ratio between Sale price (S.P.) and Cost price (C.P.) of an article is 5:3. Find the ratio between profit and the cost price of that article.
Answer and explanation
Correct answer A
Take the selling price as 5 parts and the cost price as 3 parts. The profit is parts. Hence profit to cost price is .
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