The cost price of article A is ₹2800 and it is sold at a profit of 16%. The…
2021
The cost price of article A is ₹2800 and it is sold at a profit of 16%. The cost price of article B is ₹3200 and it is sold at a loss of 8%. What is the ratio of the selling prices of A and B?
- A.
104 : 87
- B.
203 : 184
- C.
179 : 86
- D.
125 : 91
Attempted by 53 students.
Show answer & explanation
Correct answer: B
Step 1: Calculate the selling price of A.
Selling price of A = 2800 × (1 + 16/100) = 2800 × 1.16 = 3248
Step 2: Calculate the selling price of B.
Selling price of B = 3200 × (1 - 8/100) = 3200 × 0.92 = 2944
Step 3: Find the ratio of the selling prices.
Ratio = 3248 : 2944
Simplify by dividing both numbers by their greatest common divisor 16:
3248 ÷ 16 = 203, 2944 ÷ 16 = 184
Answer: 203 : 184