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A profit of 12% is made when a mobile phone is sold at $ P and there is 4% loss when the phone is sold at $ Q. Then Q : P is
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- 1 : 1
- 4 : 5
- 6 : 7
- 3 : 1
Correct Option: C
Let C.P. of mobile = Rs. y
On profit of 12% ,
| ∴ | = P | 100 |
| and at 4% loss , | = Q | 100 |
| ∴ Q : P = | : | 100 | 100 |
Q : P = 96 : 112 = 6 : 7
Hence , required answer is 6 : 7 .
