Profit & Loss Mcqs

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

a. 51:52
b. 52:53
c. 51:53
d. 52:55


ANSWER: See Answer
 
Let C.P. of the article be Rs. x.

Then, required ratio = 104% of x / 106% of x
= 104/106 = 52/53 = 52:53
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