The ratio between the sale price and the cost price of an article is 7:5. What is the ratio between the profit and the cost price of that article?

Related Mcqs:

1. The sale price of an article including the sales tax is Rs. 616. The rate of sales tax is 10%. If the shopkeeper has made a profit of 12%, then the cost price of the article is:

   A. Rs. 500
   B. Rs. 515
   C. Rs. 550
   D. Rs. 600

2. The profit earned by selling an article for Rs. 832 is equal to the loss incurred when the same article is sold for Rs. 448. What should be the sale price for making 50% profit?

   A. Rs. 920
   B. Rs. 960
   C. Rs. 1060
   D. Rs. 1200

3. After allowing a discount of 15% on the marked price, the selling price is Rs. 6800 for an article. If it was sold at marked price, there would have been a profit of 60%. The cost price of the article is?

   A. Rs. 6400
   B. Rs. 5600
   C. Rs. 5000
   D. Rs. 4800
   E. None of these

4. The percentage profit earned by selling an article for Rs. 1920 is equal to the percentage loss incurred by selling the same article for Rs. 1280. At what price should the article be sold to make 25% profit?

   A. Rs. 2000
   B. Rs. 2200
   C. Rs. 2400
   D. None of these

5. If an article is sold at 19% profit instead of 12% profit, then the profit would be Rs. 105 more. What is the cost price?

   A. Rs. 1505
   B. Rs. 1510
   C. Rs. 1500
   D. Rs. 1490
   E. None of these

6. A, B and C are partners in a business. Their capitals are respectively, Rs.5000, Rs.6000 and Rs.4000. A gets 30% of the total profit for managing the business. The remaining profit is divided among three in the ratio of their capitals. In the end of the year, the profit of A is Rs.200 more than the sum of the profits of B and C. Find the total profit.

   A. Rs.4500
   B. Rs.5200
   C. Rs.1800
   D. Rs.3000

7. Mahad sold an article for Rs. 18000. Had he offered a discount of 10% on the selling price, he would have earned a profit of 8%. What is the cost price of the article?

   A. Rs. 15000
   B. Rs. 16200
   C. Rs. 14700
   D. Rs. 15900
   E. None of these

8. There is a 30% increase in the price of an article in the first year, a 20% decrease in the second year and a 10% increase in the next year. If the final price of the article is Rs. 2288, then what was the price of the article initially?

   A. Rs. 1500
   B. Rs. 1800
   C. Rs. 2000
   D. Rs. 2400
   E. None of these

9. In a certain store, the profit is 320% of the cost. If the cost increases by 25% but the selling price remains constant, approximately what percentage of the selling price is the profit?

   A. 30%
   B. 70%
   C. 100%
   D. 250%

10. At what price must an article costing Rs.47.50 be marked in order that after deducting 5% from the list price. It may be sold at a profit of 25% on the cost price?

    A. Rs.62.50
    B. Rs.72.50
    C. Rs.75.00
    D. Rs.80.00