Multiple Choice Questions on If Article C is sold at loss and its marked price is Rs 264 then find the difference between p........... for Mathematics - All Exams Preparation

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Multiple Choice Questions

If Article C is sold at loss and its marked price is Rs 264 then find the difference between p...........

Quantitative Aptitude ( CCS) Profit and loss
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    Directions : Study the following bar graph carefully and answer the following questions.
    A shopkeeper sells four articles A, B, C and D. The Bar  graph shows the Cost price (In Rs.) of the articles and Profit/loss percentage realized by the shopkeeper while selling these articles.
     If Article C is sold at loss and its marked price is Rs. 264, then find the difference between percentage discount and percentage markup of the article.

    28.4%

    Incorrect Answer

    36.5%

    Incorrect Answer

    25%

    Incorrect Answer

    40.9%

    Incorrect Answer

    30.9%

    Correct Answer
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    Explanation:
    Since Article C is sold at loss of 35% and Cost price is Rs. 240;
    ∴ Selling price of article C = 240 × 0.65 = Rs. 156
    Given the marked price of article C = Rs. 264
    ∴ Percentage discount = (264 – 156)/264 = 40.9%
    From the bar graph: Cost price of article C = Rs. 240 and marked price is Rs. 264;
    ∴ Percentage markup = (264 – 240)/240 = 10%
    ∴ Difference between percentage discount and percentage markup of the article = 40.9 – 10 = 30.9%

    By: Munesh Kumari
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