The difference in prices when a commodity is sold at a profit of 4% and at a profit of 6% is Rs3 Find the selling prices off the commodity in the two cases
Let the CP of the commodity be Rs x.
When commodity is sell at a profit of 4%, then,
SP =
When commodity is sell at a profit of 6%, then,
SP =
According to the given condition,
Difference in SP = Rs 3
⇒ 53x / 50 - 26x / 25 = Rs 3
53x /50 - 52x / 50 = 3
x / 50 = 3
x = 50 × 3 = 150
Therefore the CP is Rs 150.
So, SP of commodity when sold at a profit of 4% =
and SP of commodity when sold at a profit of 6% =