Question

The ratio between the sales price and cost price of an article is 7:5. what is the ratio between the profit and the cost price of that article's

Answer 1

profit =7x-5x=2x
$\frac{2x}{5x} = \frac{2}{5}$
Hope this helps you.

Answer 2

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

$Profit=S.P-C.P=7x-5x=2x$

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

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