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The cost price of an article 1 is six ti...

The cost price of an article 1 is six times of the profit earned by selling it at SP1. Cost price of article 2 is three times the loss incurred by selling it at SP2. If the cost prices of the articles are the same, then what is the ratio of SP1 and SP2 ?

A

`4 : 3`

B

`7 : 4`

C

`7 : 5`

D

`6 : 5`

Text Solution

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The correct Answer is:
To solve the problem step by step, we will analyze the information given and derive the necessary equations. ### Step 1: Define the Variables Let: - \( CP_1 \) = Cost Price of Article 1 - \( SP_1 \) = Selling Price of Article 1 - \( CP_2 \) = Cost Price of Article 2 - \( SP_2 \) = Selling Price of Article 2 - Profit from Article 1 = \( P_1 \) - Loss from Article 2 = \( L_2 \)
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