Question

The cost price and selling price of an article is in the ratio a:b. If b is 200% of a, then the percentage of profit on cost price is

Answer 1

Answer:

100%

Step-by-step explanation:

According to question,

b = 200% of a

b=200100×a

ba=21

CPSP=ab=12>1 unit profit

Profit % =11×100=100%