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Re: The cost prices of two articles P and Q [#permalink]
jackfr2 wrote:
KanishkM wrote:
Is the answer E ?

Can you please provide the official answer


sorry I edited the question as none of the answers were correct in the original version

Posted from my mobile device


Thank you for the quick turn around.

I followed this approach.

I initially thought of plugging in some values, but was unable to make progress.

P and Q have cost price in the ratio 5:7 and selling price in the ratio 2:5

So if their losses are equal, this means that the percentage change will be equal and negative(loss)

\(\frac{(Selling price(P) - cost price(P))}{cost price(P)}\) = \(\frac{(Selling price(Q) - cost price(Q))}{cost price(Q)}\)

\(\frac{Selling price(P)}{cost price(P)}\) = \(\frac{Selling price(Q)}{cost price(Q)}\)

\(\frac{cost price(Q)}{Selling price(Q)}\) = \(\frac{25}{14}\) \(\frac{cost price(P)}{Selling price(P)}\)

Since they are ratio we can write the RHS like that.

Giving the answer as E
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Re: The cost prices of two articles P and Q [#permalink]
KanishkM wrote:
jackfr2 wrote:
KanishkM wrote:
Is the answer E ?

Can you please provide the official answer


sorry I edited the question as none of the answers were correct in the original version

Posted from my mobile device


Thank you for the quick turn around.

I followed this approach.

I initially thought of plugging in some values, but was unable to make progress.

P and Q have cost price in the ratio 5:7 and selling price in the ratio 2:5

So if their losses are equal, this means that the percentage change will be equal and negative(loss)

\(\frac{(Selling price(P) - cost price(P))}{cost price(P)}\) = \(\frac{(Selling price(Q) - cost price(Q))}{cost price(Q)}\)

\(\frac{Selling price(P)}{cost price(P)}\) = \(\frac{Selling price(Q)}{cost price(Q)}\)

\(\frac{cost price(Q)}{Selling price(Q)}\) = \(\frac{25}{14}\) \(\frac{cost price(P)}{Selling price(P)}\)

Since they are ratio we can write the RHS like that.

Giving the answer as E


can you solve the question with any approach to get a definitive answer ? I found a way to get an answer but it looked weird , that's why I posted here to see if someone solves it with a different approach


btw the correct answer is not 25:14
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Re: The cost prices of two articles P and Q [#permalink]
Quote:
can you solve the question with any approach to get a definitive answer ? I found a way to get an answer but it looked weird , that's why I posted here to see if someone solves it with a different approach


btw the correct answer is not 25:14


Thank you for the reply. Will try solving it again.
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Re: The cost prices of two articles P and Q [#permalink]
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C1 and S1 buy and selling price of P respectively.
C2 and S2 buy and selling price of Q respectively.

C1-S1 = C2- S2
C1-C2 = S1 -S2
C2(C1/C2-1) = S2( S1/S2-1)
Put the value of C1/C2 = 5/7 and S1/S2 = 2/5
Now calculate C2/S2 = 21/15

E is answer.
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Re: The cost prices of two articles P and Q [#permalink]
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gvij2017 wrote:
C1 and S1 buy and selling price of P respectively.
C2 and S2 buy and selling price of Q respectively.

C1-S1 = C2- S2
C1-C2 = S1 -S2
C2(C1/C2-1) = S2( S1/S2-1)
Put the value of C1/C2 = 5/7 and S1/S2 = 2/5
Now calculate C2/S2 = 21/15

E is answer.


the answer given is 21:10 , so I'm now more confused as ever

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Re: The cost prices of two articles P and Q [#permalink]
Try solving the equation once again(posted by gvij), it is coming as 21/10 only

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Re: The cost prices of two articles P and Q [#permalink]
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