Question

An article sell at loss of 12%, if it sell at profit of 12% then find the ratio of both selling price

• A. 1 ∶ 1
• B. 17 ∶ 15
• C. 11 ∶ 14
• D. 15 ∶ 14

Answer 1

Answer:

C. 11 ∶ 14

Let the cost price of article be 100 unit If it sells at 12% of loss ⇒ Selling price (SL) = 88 unit If it sells at 112% of profit ⇒ Selling price (SP) = 112 unit ⇒ SL ∶ SP = 88 ∶ 112 = 11 ∶ 14