Question

the cash difference between the selling prices of an article at a profit of 4 percentage and 6 percentage is Rs 3. The ratio of the two selling prices is?

Answer 1

let the actual price be X
for a 4% profit sell price= X+0.04X= 1.04X
for 6% profit selling price= X+0.06X= 1.06X
so ratio= 1.04/1.06=0.9811