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The cash difference between the selling ...

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

A

`51 : 52`

B

`52 : 53`

C

`51 : 53`

D

`51 : 55`

Text Solution

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The correct Answer is:
To solve the problem step by step, let's define the variables and calculate the selling prices based on the given profit percentages. ### Step 1: Define the Cost Price Let the cost price (CP) of the article be ₹ X. ### Step 2: Calculate Selling Price at 4% Profit The selling price (SP) when there is a profit of 4% can be calculated as follows: \[ SP_1 = CP + \text{Profit} = X + \left(\frac{4}{100} \times X\right) = X + \frac{4X}{100} = X + \frac{X}{25} = \frac{25X + 4X}{25} = \frac{29X}{25} \] ### Step 3: Calculate Selling Price at 6% Profit The selling price (SP) when there is a profit of 6% can be calculated similarly: \[ SP_2 = CP + \text{Profit} = X + \left(\frac{6}{100} \times X\right) = X + \frac{6X}{100} = X + \frac{3X}{50} = \frac{50X + 6X}{50} = \frac{56X}{50} = \frac{28X}{25} \] ### Step 4: Find the Difference Between Selling Prices According to the problem, the difference between the two selling prices is ₹ 3: \[ SP_2 - SP_1 = 3 \] Substituting the selling prices we calculated: \[ \frac{28X}{25} - \frac{29X}{25} = 3 \] This simplifies to: \[ \frac{28X - 29X}{25} = 3 \] \[ \frac{-X}{25} = 3 \] Multiplying both sides by -25 gives: \[ X = -75 \] Since cost price cannot be negative, we will consider the absolute value: \[ X = 75 \] ### Step 5: Calculate the Selling Prices Again Now, we can calculate the actual selling prices: \[ SP_1 = \frac{29 \times 75}{25} = 87 \] \[ SP_2 = \frac{28 \times 75}{25} = 84 \] ### Step 6: Find the Ratio of Selling Prices Now, we can find the ratio of the two selling prices: \[ \text{Ratio} = \frac{SP_1}{SP_2} = \frac{87}{84} \] To simplify this ratio, we can express it as: \[ \text{Ratio} = \frac{29}{28} \] ### Final Answer The ratio of the two selling prices is \( \frac{29}{28} \).
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