The cash difference between selling a shirt at a profit of 4% and 6% is Rs 3.what are the two selling prices?

Profit % = profit/CP * 100

Profit1 = 0.04*CP

Profit2 = 0.06*CP

 

Cash difference = Profit2 - Profit1

0.06CP-0.04CP = 3

0.02CP = 3

CP = 300/2 = Rs 150

Hence, Profit1 = 0.04*CP = 0.04*150 = Rs 6

Profit2 = 0.06*CP = 0.06*150 = Rs 9

 

Hence SP1 = CP+profit1 = 150+6 = Rs 156

SP2 = CP + Profit2 = 150+9 = Rs 159