Question : The table below shows the cost price and value of profit of 6 articles.
Articles | Cost price | Profit |
A | 300 | 50 |
B | 250 | 25 |
C | 150 | 100 |
D | 200 | 150 |
E | 100 | 75 |
F | 350 | 125 |
J1 = The value of the average cost price of A, B, C, and D.
J2 = The total profit of all articles.
What is the value of J1 : J2?
Option 1: 3 : 7
Option 2: 3 : 11
Option 3: 7 : 3
Option 4: 9 : 7
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Correct Answer: 3 : 7
Solution :
J1 = Average cost price of A, B, C, and D
=
J2 = The total profit of all articles
= 50 + 25 + 100 + 150 + 75 + 125 = 525
So, (J1 : J2) = 225 : 525 = 3 : 7
Hence, the correct answer is 3 : 7.
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