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The prices of a refrigerator and a television set are in the ratio 5 : 3. If the refrigerator costs $ 5500 more than the television set, then the price of the refrigerator is:
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- $ 27500
- $ 8250
- $ 13750
- $ 16500
Correct Option: C
Given that , Ratio of prices of refrigerator and a television set = 5 : 3
CP of refrigerator = $ 5k
CP of television = $ 3k
∴ 2k = 5500
⇒ k = | = 2750 | 2 |
∴ CP of refrigerator = 5 × 2750 = $ 13750