The ratio between the sale price and the cost price of an article is $7 : 5$. What is the ratio between the profit and the cost price of that article?
Aptitude
Profit and Loss
Difficulty: Easy
Choose an option
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A2 : 7
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B5 : 2
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C7 : 2
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DData inadequate
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ENone of these
Answer
Correct Answer: None of these
Explanation
### Concept & Ratio Relationships
When a ratio between the Selling Price (SP) and Cost Price (CP) is given, we can represent them as multiples of a common variable. The profit is the difference between these two values. From there, any subsequent ratio involving Profit, SP, and CP can be determined.
$$ \text{Profit} = \text{Selling Price} - \text{Cost Price} $$
### Step-by-Step Solution
* Given Ratio: $SP : CP = 7 : 5$
* Let Selling Price (SP) = $7x$
* Let Cost Price (CP) = $5x$
* Calculate Profit: $\text{Profit} = SP - CP = 7x - 5x = 2x$
* The question asks for the ratio between the profit and the cost price.
* Required Ratio = $\text{Profit} : CP$
* Substitute the values: $2x : 5x$
* Cancel the common term $x$: The ratio is $2 : 5$.
* Now, check the given options: (a) 2 : 7, (b) 5 : 2, (c) 7 : 2, (d) Data inadequate.
* Since $2 : 5$ is not among the specific numeric options, the correct choice is "None of these".
### Exam Strategy & Shortcut
Assume arbitrary convenient numbers that fit the ratio. Let SP = ₹ 7 and CP = ₹ 5.
Profit = $7 - 5 = \text{₹ } 2$.
Ratio of Profit to CP = $2 / 5 = 2 : 5$.
Scanning the options immediately shows $2:5$ is missing, pointing directly to Option (e).
### Common Pitfall
Misreading the requested ratio order. Students often accidentally choose the reciprocal $5:2$ (Option b) by finding the ratio of Cost Price to Profit, or they choose $2:7$ (Option a) by finding the ratio of Profit to Selling Price.
### Final Answer
Therefore, the correct answer is **None of these**.