Multiple Choice Questions on If the average SP of article II by in all the stores is Rs 2568 Find the MP of article II ........ for Mathematics - All Exams Preparation

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Multiple Choice Questions

If the average SP of article II by in all the stores is Rs 2568 Find the MP of article II ........

Quantitative Aptitude ( CCS) Profit and loss
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    Study the following table carefully and answer the questions that follow:
    The table shows the discount % given by stores on different items. The Market Price of any article on all stores is same. Some values are missing. Answer the questions on the basis of given table and information in question.

    If the average SP of article II by in all the stores is Rs 2568, Find the MP of article II.

    Rs 3200

    Incorrect Answer

    Rs 4500

    Incorrect Answer

    Rs 3600

    Correct Answer

    Rs 4300

    Incorrect Answer
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    Explanation:

    SP by store A = (100-28)/100 * MP = 72% of MP,
    by B = 82% of MP, by C = 60% of MP
    So (72+82+60)/3 * MP/100 = 2568
    Solve, MP = Rs 3600

    By: Amit Kumar
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