Question
Download Solution PDFThe selling price of a product is such that the seller earns a profit of 20% on the cost price. Determine the ratio of selling price to cost price.
Answer (Detailed Solution Below)
Detailed Solution
Download Solution PDFGiven:
Profit percentage = 20%
Concept:
If there is a profit of x%, the ratio of selling price to cost price is (100 + x) ∶ 100.
Solution:
The ratio of selling price to cost price = (100 + 20) ∶ 100 = 120 ∶ 100 = 6 ∶ 5
Therefore, the ratio of the selling price to the cost price is \(6 \over 5\).
Last updated on Jul 8, 2025
-> The Staff Selection Commission released the SSC GD 2025 Answer Key on 26th June 2025 on the official website.
-> The SSC GD Notification 2026 will be released in October 2025 and the exam will be scheduled in the month of January and February 2026.
-> Now the total number of vacancy is 53,690. Previously, SSC GD 2025 Notification was released for 39481 Vacancies.
-> The selection process includes CBT, PET/PST, Medical Examination, and Document Verification.
-> The candidates who will be appearing for the 2026 cycle in the exam must attempt the SSC GD Constable Previous Year Papers. Also, attempt SSC GD Constable Mock Tests.