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  1. The cash difference between selling prices of an article at a profit of 4% and 6% is $ 3. The ratio of the two selling prices is
    1. 51 : 52
    2. 52 : 53
    3. 51 : 53
    4. 52 : 55
Correct Option: B

Let the C.P. be y.
∴ (6 – 4)% of y = 3
⇒ 2% of y = 3

⇒ y =
300
= 150
2

∴ S.P. at 4% gain =
150 × 104
= $ 156
100

and S.P. at 6% gain =
150 × 106
= $ 159
100

∴ The required ratio = 156 : 159 = 52 : 53



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