Question
Quantitative Aptitude Question on Ratio and Proportion
The ratio of selling price to the marked price of an article is x : y whereas the ratio of its marked price to its cost price is 3: 2. If the profit earned on the article is 20% of the cost price, what is the ratio of the marked price to the selling price?
A
4:3
B
4:5
C
2:1
D
5:4
Answer
5:4
Explanation
Solution
The correct answer is (D): 5:4