Question
Mathematics Question on Profit and Loss
If an article is sold at 300 percent profit, then the ratio of its cost price to its selling price will be
A
1:4
B
4:1
C
1:3
D
3:1
Answer
1:4
Explanation
Solution
The correct option is (A): 1:4.
If an article is sold at 300 percent profit, then the ratio of its cost price to its selling price will be
1:4
4:1
1:3
3:1
1:4
The correct option is (A): 1:4.