To provide a high strength and low yield ratio cold rolled steel sheet having high elongation property and high flange drawing property, or a plated steel sheet made by plating the same. The high strength and low yield ratio cold rolled steel sheet or the plated steel sheet made by plating the same has such a constitution as 0.10 to 0.25% of C, 1.0 to 2.0% of Si and 1.5 to 3.0% of Mn, are contained in terms of weight percentage, while other elements are controlled such as Al within 0.2%, P within 0.15% and S within 0.02%, with residual austenite occupying at least 5%, bainitic ferrite occupying at least 60% (preferably 80% or more), and polygonal ferrite within 20% (containing 0%), so that a tensile strength is 980 MPa or higher, while an elongation (El in %), a flange drawing property (.lamda.in %), a tensile strength (TS in MPa) and a yield strength (YP in MPa) satisfy the following inequality (1): [(El .times..lamda..times.TS)/YP].gtoreq.645.