If an article is sold for ₹ $x$, there is a loss of $15\%$. If the same article is sold for ₹ $y$, there is a profit of $15\%$. The ratio of $(y - x)$ to $(y + x)$ is (Hotel Mgmt, 2010)
Aptitude
Profit and Loss
Difficulty: Medium
Choose an option
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A3 : 20
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B20 : 3
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C17 : 23
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D20 : 23
Answer
Correct Answer: 3 : 20
Explanation
### Concept & Proportional Relations of Selling Price
When an article is sold at a loss or a profit, the selling price can be expressed as a percentage of the Cost Price (CP). A $15\%$ loss means the selling price is $85\%$ of the CP, while a $15\%$ profit means it is $115\%$ of the CP. The ratio of any two expressions involving these selling prices will be independent of the actual Cost Price.
$$ \text{Selling Price} = \text{CP} \times (1 \pm \frac{\text{Profit/Loss } \%}{100}) $$
### Step-by-Step Solution
* Let the Cost Price (CP) of the article be $100$ units.
* Given: Selling for ₹ $x$ results in a $15\%$ loss.
* Therefore, $x = 100 - 15 = 85$ units.
* Given: Selling for ₹ $y$ results in a $15\%$ profit.
* Therefore, $y = 100 + 15 = 115$ units.
* We need to find the ratio of $(y - x)$ to $(y + x)$.
* First, calculate $(y - x)$: $115 - 85 = 30$.
* Second, calculate $(y + x)$: $115 + 85 = 200$.
* Form the ratio: $\frac{y - x}{y + x} = \frac{30}{200}$.
* Simplify the ratio by dividing both numerator and denominator by $10$: $\frac{3}{20}$.
* The final ratio is $3 : 20$.
### Exam Strategy & Shortcut
Instead of writing out $100$ or using a variable like $C$, directly use the percentages.
$x = 85\%$ of CP
$y = 115\%$ of CP
Ratio = $\frac{115 - 85}{115 + 85} = \frac{30}{200} = \frac{3}{20} = 3 : 20$.
This avoids defining explicit variables and jumps straight to the solution.
### Common Pitfall
A common error is to set up a complex algebraic equation for CP involving $x$ and $y$ and trying to solve for variables independently. Since the question asks for a ratio, the absolute value of CP will always cancel out.
### Final Answer
Therefore, the correct answer is **3 : 20**.