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GMAT Quantitative Reasoning Practice 68

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Diffculty: Easy

Bob's car is \( \frac{3}{2} \) times as expensive as Jack's car. Due to increasing demand for electric vehicles, the prices of both cars increase by $62. What is the new ratio of the prices of Bob's car to Jack's car?

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    (A) \( \frac{65}{64} \)
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    (B) \( \frac{63}{62} \)
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    (C) \( \frac{68}{65} \)
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    (D) \( \frac{3}{2} \)
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    (E) Cannot be determined
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