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The cash difference between the selling ...

The cash difference between the selling price of an article at a profit of 2% and 18% is Rs3. The ratiio of two selling prices is.

A

`51:59`

B

`51:53`

C

`51:60`

D

`55:59`

Text Solution

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The correct Answer is:
To solve the problem, we need to find the ratio of the selling prices of an article sold at a profit of 2% and 18%, given that the cash difference between these two selling prices is Rs 3. ### Step-by-Step Solution: 1. **Let the Cost Price (CP) of the article be Rs X.** 2. **Calculate the Selling Price (SP) at 2% Profit:** - The formula for selling price at a profit is: \[ SP = CP + (Profit \% \times CP) \] - For 2% profit: \[ SP_{2\%} = X + \left(\frac{2}{100} \times X\right) = X + \frac{2X}{100} = \frac{102X}{100} \] 3. **Calculate the Selling Price (SP) at 18% Profit:** - For 18% profit: \[ SP_{18\%} = X + \left(\frac{18}{100} \times X\right) = X + \frac{18X}{100} = \frac{118X}{100} \] 4. **Find the Difference between the Two Selling Prices:** - According to the problem, the difference between the two selling prices is Rs 3: \[ SP_{18\%} - SP_{2\%} = 3 \] - Substituting the selling prices we calculated: \[ \frac{118X}{100} - \frac{102X}{100} = 3 \] - Simplifying this: \[ \frac{118X - 102X}{100} = 3 \] \[ \frac{16X}{100} = 3 \] \[ 16X = 300 \] \[ X = \frac{300}{16} = 18.75 \] 5. **Calculate the Selling Prices:** - Now we can find the actual selling prices using the cost price: \[ SP_{2\%} = \frac{102 \times 18.75}{100} = 19.125 \] \[ SP_{18\%} = \frac{118 \times 18.75}{100} = 22.125 \] 6. **Find the Ratio of the Two Selling Prices:** - The ratio of the two selling prices is: \[ \text{Ratio} = SP_{2\%} : SP_{18\%} = \frac{102X}{100} : \frac{118X}{100} \] - This simplifies to: \[ 102 : 118 \] - To simplify further, divide both numbers by 2: \[ 51 : 59 \] ### Final Answer: The ratio of the two selling prices is **51 : 59**.
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