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Question

The cash difference between the selling prices of an article at a profit of $$4 \%$$ and $$6 \%$$ is Rs. $$3$$. The ratio of the two selling prices is.

A
$$51:52$$
B
$$51:53$$
C
$$52:55$$
D
$$52:53$$
Solution
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Correct option is D. $$52:53$$
Let cost price (CP) of the article be X rs.

For $$4\%$$ profit, $$SP=CP+4\%\ of\ CP=1.04X$$

For $$6\%$$ profit, $$SP=CP+6\%\ of\ CP=1.06X$$

It is given that cash differences between selling price is Rs $$3$$

$$\Rightarrow 1.06X-1.04X=3$$

$$\Rightarrow 0.02X=3$$

$$\therefore X=150$$

i.e. Selling price of first article $$=1.04X=1.04\times 150=156\ Rs$$

and Selling price of second article $$=1.06X=1.06\times 150=159\ Rs$$

$$\therefore$$ Ratio of selling prices $$=\dfrac{156}{159}=52:53$$

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