Question

If the gain is 5%, then the ratio of C.P to S.P is

Answer 1

Answer:

20:21 Answer

Step-by-step explanation:

Let the cost of price = Rs x

= Gain/Profit =5%

= Selling price= x +5% of x

or, selling price= x + 0.05x

or, selling price= 1.05 x

The ratio of CP to SP = x/1.05x

Therefore, the ratio of CP to SP = 20:21