If the cost price of P and T is equal to Rs 800 each Find the difference in their Market Prices ........

Quantitative Aptitude ( CCS) Profit and loss

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Study the following bar graph carefully and answer the questions that follow:

If the cost price of P and T is equal to Rs 800 each. Find the difference in their Market Prices.

Rs 15

Rs 25

Rs 17

Rs 20

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Explanation:

P => Profit% = 30% = 3/10 [CP = 10, SP = 10+3 = 13]
Discount = 20% = 1/5 [MP = 5, SP = 5-1 = 4]
Make SP same
CP : SP : MP is
40 : 52 : 65 ………………(1)
Now T =>Profit% = 40% = 4/10 [CP = 10, SP = 10+4 = 14]
Discount = 12.5% = 1/7 [MP = 8, SP = 8-1 = 7]
Make SP same
CP : SP : MP is
10 : 14 : 16……………….(2)
Make CP of P and T same by multiplying eq. (2) by 4, gives
CP : SP : MP is
40 : 56 : 64
So 40 = 800 [as given in question]
=> 1 = 20
Difference in MP = 65-64 = 1,
so => 1 = 20