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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
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- 51 : 52
- 52 : 53
- 51 : 53
- 52 : 55
Correct Option: B
Let the C.P. be y.
∴ (6 – 4)% of y = 3
⇒ 2% of y = 3
⇒ y = | = 150 | 2 |
∴ S.P. at 4% gain = | = $ 156 | 100 |
and S.P. at 6% gain = | = $ 159 | 100 |
∴ The required ratio = 156 : 159 = 52 : 53