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What is the ratio of selling price to the cost price of an article, if there is a profit of 12%?
Question

What is the ratio of selling price to the cost price of an article, if there is a profit of 12%?

A.

32 : 25

B.

12 : 5

C.

28 : 25

D.

14 : 10

Correct option is C

Given:

Profit = 12%

Solution:

Let the cost price = 100 unit 

Then the selling price of the article = 100 + 100×12=112\times12 = 112  unit 

Ratio of the selling price to cost price = 112 : 100 = 28  : 25 

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