For A and B ratio of cost price is 4:5 and ratio of selling price is 4:7. The ratio of total cost price and total selling price is 45:44 and the net loss is Rs. 20. What is the difference between their selling prices?
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240
Ratio method is the fastest approach to this problem
total CP:SP given as 45:44 ----- difference is 1 unit
so, 1 unit----- 20 rs
total SP ---- 44 unit = 44 x 20 = 880rs
selling price ratio = 4:7
so 4+7 units = 11 units which is = 880rs
so 1 unit =80rs
asked difference between SP is 7-4 = 3units
which is 3 x 80rs = 240rs
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