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Question 66
The cash difference between the selling prices of an article at a profit of 4% and 6% is Rs.3. Find the ratio of
the two selling prices.
Solution
4% = profit℅
Let us consider 100 as cost price
profit
=$$\frac{4}{100}100$$
= 4
Selling price will be ,
Cost price + profit = 100+4
S.p1 = 104
6% = profit℅
Let us consider 100 as cost price
profit
=$$\frac{6}{100}100$$
= 6
Selling price will be ,
Cost price + profit = 100+6
S.p 2= 106
the ratio of the sp1 to the sp2
= $$\frac {104}{106}$$
= $$\frac {52}{53}$$
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