Question

The ratio between the sale price and the cost price is 5:3.what is the ratio between the profit and the cost price of that article?

Answer 1

Answer:

The ratio between the profit and the cost price of that article's is 2:5

Step-by-step explanation:

Given that the ratio between the sales price and cost price of an article is 7:5.

we have to find the ratio between the profit and the cost price of that article's.

S.P : C.P = 7 : 5

Let the selling price is 7x

The cost prize is 5x

By the formula of profit

Profit=S.P-C.P=7x-5x=2xProfit=S.P−C.P=7x−5x=2x

Ratio=\frac{Profit}{\text{Cost prize}}=\frac{2x}{5x}=\frac{2}{5}Ratio=

Cost prize

Profit

=

5x

2x

=

5

2

Hence, the ratio between the profit and the cost price of that article's is 2:5

Hope it's help you...

Answer 2

The ratio between profit and cost price of an article = 2 : 3.

Given:
Ratio of sale price and cost price = 5 : 3

To find:
Ratio between profit and cost price

Step by step explanation:

→ Formula used:
  Profit = Selling price - Cost price

Let SP be the selling price.
Let CP be the cost price.
Here, SP : CP = 5 : 3
⇒ Let us assume SP = 5x
⇒ Le us assume CP = 3x

⇒ Profit = SP - CP
             = 5x - 3x
             = 2x
→ The profit earned on that article = 2x.

⇒ Ratio between the profit and the cost price of that article
   2x : 3x   ⇒ 2 : 3

∴ The ratio between profit and cost price = 2 : 3.

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