The cash difference between the selling price of an article at a profit of 8 and 14 is Rs 3 The rati...........

Quantitative Aptitude (RRB NTPC) Profit and loss

The cash difference between the selling price of an article at a profit of 8% and 14% is Rs. 3. The ratio of two selling prices is :

18 : 19

17 : 19

19 : 21

18 : 21

Let the cost price = 100 units

At 8% profit, selling price (SP1)= 108 units

At 14% profit selling price(SP2) =114 units

Ratio of SP1 and SP2 = 108 : 114 = 18 : 19

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