If an article is sold for ₹x, thee is a loss of 15%. If the same article is sold for ₹y, there is a profit of 15%. The ratio (y-x) : (y+x) is
Answer & explanation
Correct answer: option 1
Let the cost price of the article = 100
SP when sold at 15% loss = 85 = x
SP when sold at 15% profit = 115 = y
Now according to the question,
(y-x) : (y+x)
= 115 - 85 : 115 + 85
= 30 : 200
= 3 : 20