Correct Answer - Option 2 : 11 : 7
Given:
A bat was bought for double the price of a ball.
After a year, the bat and the ball were sold at a loss of 45% and 30% respectively.
Formula used:
Profit or Gain = Selling price – Cost Price
Loss = Cost Price – Selling Price
Profit percentage = (Profit / Cost Price) × 100
Loss percentage = (Loss / Cost price) × 100
Calculation:
Let the cost price of the bat and ball be Rs. 2x and Rs. x respectively.
SP of bat = Rs. (2x × 0.55)
SP of ball = Rs. (x × 0.7)
Ratio of selling prices = (2x × 0.55)/(x × 0.7)
⇒ 11 : 7
∴ required ratio is 11 : 7
