Question
Quantitative Aptitude Question on Profit and Loss
If the selling price of an article is five times the discount offered and if the percentage of discount is equal to the percentage profit, what is the ratio of the discount offered to the cost price?
A
11:30
B
4:15
C
7:30
D
1:6
E
3:25
Answer
7:30
Explanation
Solution
The correct option is (C): 7:30