MCQOPTIONS
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| 1. |
On a particular transaction, a shopkeeper earns 400% on cost. If the cost price rises by 100% and the selling price remains unchanged, the ratio between the new profit and the selling price is: |
| A. | 1 : 3 |
| B. | 3 : 5 |
| C. | 2 : 5 |
| D. | 1 : 2 |
| Answer» C. 2 : 5 | |