Question : The table given below shows the cost price and selling price of 5 different articles.
Article | Cost price | Selling price |
A | 500 | 600 |
B | 700 | 750 |
C | 600 | 800 |
D | 400 | 700 |
E | 300 | 800 |
What is the ratio of the total cost price to the total selling price of all articles?
Option 1: 50 : 39
Option 2: 49 : 72
Option 3: 37 : 50
Option 4: 50 : 73
Correct Answer: 50 : 73
Solution :
The total cost price of all articles = 500 + 700 + 600 + 400 + 300 = 2500.
The total selling price of all articles = 600 + 750 + 800 + 700 + 800 = 3650.
The ratio of the total cost price to the total selling price of all articles = 2500 : 3650 = 50 : 73.
Hence, the correct answer is 50 : 73.
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