the cash difference between the selling prices of an article at a profit of 4 percent and 8 percent is Rs 3.the rate of two sailing prices is.
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Step-by-step explanation:
Let cost price (CP) of the article be X rs.
For 4% profit, SP=CP+4% of CP=1.04X
For 6% profit, SP=CP+6% of CP=1.06X
It is given that cash differences between selling price is Rs 3
⇒1.06X−1.04X=3
⇒0.02X=3
∴X=150
i.e. Selling price of first article =1.04X=1.04×150=156 Rs
and Selling price of second article =1.06X=1.06×150=159 Rs
∴ Ratio of selling prices =
159
156
=52:53
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Answered by
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Answer:
The cash difference between the selling prices of an article at a profit of 4 percent and 8 percent is Rs 3.The rate of two selling prices is.
Step-by-step explanation:
- Given, Cash Difference=3
- Selling price is denoted by SP.
- So, (SP at a profit of 4% - SP at a profit of 8% = 3 )
- SP at a profit of 4 % =
- SP at a profit of 8% =
- Therefore, the selling prices at two selling rates are 78 Rs. and 81 Rs. respectively.
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