If the loss incurred on selling an article is 23\% , then what will be the ratio of its cost price and selling price? - Quantitative Aptitude MCQ Competitive Exam 2026 | ExamTest.live | ExamTest.live

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If the loss incurred on selling an article is 23%, then what will be the ratio of its cost price and selling price?

A $100:77$
B $100:23$
C $123:100$
D $77:23$

Solution & Step-by-step Explanation

Let the Cost Price (CP) of the article be 100 .Loss percentage = 23% $ Selling Price (SP) = CP - Loss = 100 - 23 = 77 T h ere f ore, t h er a t i oo f C os tP r i ce t o S e ll in g P r i ce i s : CP : SP = 100 : 77 $

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If the loss incurred on selling an article is 23%, then what will be the ratio of its cost price and selling price?

A

100:77

B

100:23

C

123:100

D

77:23

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Profit and Loss Ratios

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