A trader can procure 34 pencils by selling 28 pencils.
Posted on 30-03-2023
Ques - A trader can procure 34 pencils by selling 28 pencils. What is the ratio of cost price to the selling price of a pencil?
(a) 2 : 3
(b) 14 : 17
(c) 9 : 7
(d) 4 : 7
Solution -
CP = 28
SP = 34
So,
CP / SP = 28 / 34
= 14 / 17
Therefore,
The Ratio of cost price to the selling price of a pencil is 14 : 17.
Hence,
The correct answer is option (b) 14 : 17.
Thank You