The difference between selling an article at 6% profit and at 9% profit is Rs. 9. Find the cost price of the article and also the two selling prices.
For the first situation,
Profit % =S.P.−C.P.C.P.×100=6
=>S.P.−C.P.=0.06C.P.
=>S.P.=1.06C.P --- (1)
For the second situation, Selling price = Selling price of 1st situation )Rs9
And Cost price is same
So, Profit % =S.P.−C.P.C.P.×100+9
=>S.P.+9−C.P.C.P.×100=9
=>S.P.+9−C.P.=0.09C.P.
=>S.P.=1.09C.P−9 --- (2)
From, equations 1, 2
1.06C.P.=1.09C.P−9
=>0.03C.P.=9
C.P.=Rs300
Thus, cost price of the article =Rs300
Selling price of 1st article 1.06C.P=1.06×300=Rs318
Selling price of 2nd article Rs318+Rs9=Rs327