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There are three shops A,B and C which sells different articles namely I , II III , IV and V respectively.the discount offered by each shops on different articles is given in the table. NOTE: THE MARKED PRICE OF AN ARTICLE IS SAME IN ALL SHOPS
If the average selling price of an article I on all shops is Rs. 4293 , then find the selling price of article I in shop B.
4912
4523
4374
3416
4312
Clearly given MP (market price ) will be same for all shops , so lets take market price to be “ x” Now SP = MP * ( 100 – discount ) / 100 (Or) SP= x * (100 – discount) / 100 (we all know we sell a product after deducting its discount percentage from the total percentage ) In the given question average selling price is given i.e. 4293 for 3 shops , so the total price of all the three after the discount will be 4293 * 3 = 12879 Writing in equation form, 12879 = 74x/100 + 72x/100 + 66x/100 (SP of A = (100 – discount ) * x / 100 = (100 -26)* x / 100 = 74x/ 100 Similarly for B and C 12879 = 212x100 x = 12879 * 100 / 212 Marked price (x)= 6075 We found the marked price , next step is to find the selling price of ARTICLE I by shop B SP = 72x/100 SP= 72 * 6075 / 100 Sp = 4374
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