UGC NET Logical Reasoning Q25

Question

Consider following statements:
A. An employee's salary was reduced by 50%. Again, the reduced salary was increased by 50%. Now, his initial and final salaries are same.
B. 64% is equivalent to 16/25.
C. If an article is sold at 200% profit, then the ratio of cost price to its selling price is 1:2.
Which of the above statement(s) is/are correct?

Accepted Answer

only