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The cash difference between the selling ...

The cash difference between the selling price of an article at a profit of 8% and 10% is Rs.3. The ratio of two selling prices is:

A

`54:56 `

B

`54:55`

C

`54:57`

D

`54:59`

Text Solution

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The correct Answer is:
To solve the problem, we need to find the ratio of the two selling prices of an article sold at different profit percentages. Here’s a step-by-step solution: ### Step 1: Define the Cost Price (CP) Let the cost price (CP) of the article be Rs. X. ### Step 2: Calculate Selling Prices (SP) 1. **Selling Price at 8% Profit:** \[ SP_1 = CP + 8\% \text{ of } CP = X + \frac{8}{100}X = \frac{108}{100}X \] 2. **Selling Price at 10% Profit:** \[ SP_2 = CP + 10\% \text{ of } CP = X + \frac{10}{100}X = \frac{110}{100}X \] ### Step 3: Set Up the Equation for the Difference in Selling Prices According to the problem, the difference between the two selling prices is Rs. 3: \[ SP_2 - SP_1 = 3 \] Substituting the expressions for SP: \[ \frac{110}{100}X - \frac{108}{100}X = 3 \] ### Step 4: Simplify the Equation Combine the terms: \[ \frac{110X - 108X}{100} = 3 \] \[ \frac{2X}{100} = 3 \] ### Step 5: Solve for X Multiply both sides by 100: \[ 2X = 300 \] Now divide by 2: \[ X = 150 \] ### Step 6: Calculate the Selling Prices 1. **Selling Price at 8% Profit:** \[ SP_1 = \frac{108}{100} \times 150 = 162 \] 2. **Selling Price at 10% Profit:** \[ SP_2 = \frac{110}{100} \times 150 = 165 \] ### Step 7: Find the Ratio of the Selling Prices Now we find the ratio of the two selling prices: \[ \text{Ratio} = \frac{SP_1}{SP_2} = \frac{162}{165} \] ### Step 8: Simplify the Ratio To simplify: \[ \frac{162}{165} = \frac{54}{55} \] ### Final Answer The ratio of the two selling prices is \( 54 : 55 \). ---
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