Multiple Choice Questions on The selling price of article lsquo C rsquo is Rs 200 less than its cost price If the cost price of t........... for Mathematics - All Exams Preparation

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Multiple Choice Questions

The selling price of article lsquo C rsquo is Rs 200 less than its cost price If the cost price of t...........

Quantitative Aptitude ( CCS) Profit and loss
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    Directions (): Answer the questions based on the information given below.
    The given line graph shows the sum of the cost price and selling price, and the discount offered on five different articles.
    The sum of the discounts offered on all these articles is Rs. 2300.
    The selling price of article ‘C’ is Rs. 200 less than its cost price. If the cost price of the article ‘C’ had been 25% more and the amount by which article C has been marked up is 15% more than the original, then find the profit/loss percent if the discount offered on the article remained the same.

    9.6%

    Incorrect Answer

    7.4%

    Incorrect Answer

    8.2%

    Correct Answer

    6.25%

    Incorrect Answer

    5.8%

    Incorrect Answer
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    Explanation:
    According to the question,
    New cost price of the article = 1.25 × 1600 = Rs. 2000
    New amount by which the article is marked up = 15% of 1840  = Rs. 276
    New marked price of the article = 2000 + 276 = Rs. 2276
    New selling price = 2276 – 440 = Rs. 1836
    Required loss percentage = {(2000 – 1836)/2000} × 100
    = 8.2%
    Common Explanation:
    20x + 10x + 22x + 33x + 30x = 2300
    Or, 115x = 2300
    Or, x = 20
    Discount offered (in Rs.)
    A => 20x = 400
    B => 10x = 200
    C => 22x = 440
    D => 33x = 660
    E => 30x = 600
    Let the cost price of the article be Rs. x
    Therefore, selling price of the article = Rs. (x + 100)
    According to the question,
    (x + x + 100) = 5100
    Or, 2x = 5000
    Or, x = Rs. 2500
    Therefore, cost price of the article = Rs. 2500
    Selling price of the article = (2500 + 100) = Rs. 2600
    Therefore, marked price of the article ‘A’ = (2600 + 400)= Rs. 3000
    Amount by which article ‘A’ is marked up = (3000 –2500) = Rs. 500

    By: Munesh Kumari
    ProfileResources

    Let's Discuss

    Mangala Nand

    Sorry for report error but from where 240 mark came up for calculation

    0 0 reply

    sunny bhonsle

    updated please check

     0 0 reply

    Mangala Nand

    Sir diagram not available while reviewing

    0 0 reply

    sunny bhonsle

    it is available . check again

    0 0 reply
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