Mukesh sells two shirts. The cost price of the first shirt is equal to the selling price of the second shirt. The first shirt is sold at a profit of 30% and the second shirt is sold at a loss of 30%. What is the ratio of the selling price of the first shirt to the cost price of the second shirt?
A) 91 : 100 B) 100 : 91 C) 31 : 50 D) 50 : 31
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Answer :-
- A) 91 : 100
Explanation :-
- Let CP of the first shirt be 10 and profit be 3.
So,
Similarly,
- Let CP of the second shirt be 10 and loss be 3.
So,
- CP of the first shirt is equal to the SP of the second shirt. {Given}
Multiplying 7 to eqn (1) and 10 to eqn (2) we get,
∴ Ratio of the selling price of the first shirt to the cost price of the second shirt is 91 : 100
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