Question

The ratio of the profit to the cost price of a product is 2: 7. What is the ratio of its selling price to its profit?

• A. 9 : 2
• B. 9 : 10
• C. 5 : 15
• D. 6 : 17

Answer 1

Answer:

A. 9 : 2

Given:

• Profit : Cost Price = 2 : 7

Let:

• Profit = 2x

• Cost Price = 7x

Then,

• Selling Price = Cost Price + Profit

• Selling Price = 7x + 2x = 9x

Therefore,

Selling Price : Profit = 9x : 2x = 9 : 2

Answer: 9 : 2