If an article is sold at a 200% profit, the ratio of its cost price to its selling price will be: MCQ with Answer and Explanation

If an article is sold at a 200% profit, the ratio of its cost price to its selling price will be:
A. 2:3
B. 3:1
C. 1:3
D. 1:2
Answer: Option C
Solution (By JKSSB Mock Tests)
Let Cost Price = 100. Profit = 200. Selling Price = 300. Ratio of Cost Price to Selling Price = 100 : 300 = 1 : 3.

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Practice More Profit And Loss Questions

Question #1
By selling 36 oranges, a vendor suffers a loss equal to the selling price of 4 oranges. Find his loss percentage.
A. 11.11%
B. 9.09%
C. 12.5%
D. 10%

Correct Answer: Option D


Explanation:
Loss = Cost Price of 36 - Selling Price of 36. Loss = Selling Price of 4. Selling Price of 4 = Cost Price of 36 - Selling Price of 36. 40 * Selling Price = 36 * Cost Price. Selling Price / Cost Price = 36 / 40 = 9 / 10. Loss percentage = 10%.

This question belongs to: Maths Profit And Loss
Question #2
A dishonest dealer marks up his goods by 20% and then gives a discount of 10%. He uses a 900g weight instead of 1kg. What is his actual profit percentage?
A. 15%
B. 18%
C. 22%
D. 20%

Correct Answer: Option D


Explanation:
Actual Cost Price for 900g = 900. Marked Price for 1000g = 1200. Selling Price after 10% discount = 1080. He claims to sell 1000g but gives 900g. Profit = 1080 - 900 = 180. Profit percentage = (180 / 900) * 100 = 20%.

This question belongs to: Maths Profit And Loss
Question #3
After allowing a discount of 20% on the marked price, a trader makes a profit of 12%. If the goods were sold at the marked price without discount, what would be the profit percentage?
A. 45%
B. 35%
C. 30%
D. 40%

Correct Answer: Option D


Explanation:
Let Cost Price = 100. Selling Price = 112. Marked Price * 0.80 = 112. Marked Price = 140. Profit at Marked Price = 140 - 100 = 40. Profit percentage = 40%.

This question belongs to: Maths Profit And Loss