Question

Tom buys a radio for £40

Later he sells it and makes a profit of 20%
Tom says:
"The ratio of the price I paid for the radio to the price I sold the radio is 5:6”

Enter a ratio that, when simplified, would show that Tom is correct.

Answer 1

Answer: he is correct

Explanation:

40 x 1.2 = 48

40:48

divided by 8

=5.6