Exams › SSC CGL (Prelims) › General

For a certain article, the ratio of profit to cost price is 3 : 8. What is the ratio of the selling price to the profit?

1. 11 : 3
2. 9 : 4
3. 7 : 5
4. 12 : 7

Correct answer: 11 : 3

Solution

Let profit = 3 and cost price = 8 (in the given ratio units). Then selling price = CP + profit = 8 + 3 = 11. So SP : profit = 11 : 3.

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