IF the Ratio of Cost Price and Sale Price is 5:6, then What is the Profit %?

  1. 25%
  2. 20%
  3. 100/3%
  4. 30%
Monis Rasool Professor Asked on 7th September 2015 in Maths.
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1 Answer(s)

Answer: (2) 20%

Explanation:-
The ratio of the cost price and sale price = 5: 6
Then, Let the cost price be 5X and sale price is 6X.

Profit = 6X – 5X
= X
Then, Profit% = X x 100/5X
= 20%

Hence, the answer is (2) 20%.

Anurag Mishra Professor Answered on 8th September 2015.
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