Multiple Choice Questions on If the difference between the cost price of item C and E is Rs 540 and profit earned on item C and E........... for Mathematics - All Exams Preparation

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Multiple Choice Questions

If the difference between the cost price of item C and E is Rs 540 and profit earned on item C and E...........

Quantitative Aptitude ( CCS) Profit and loss
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    Directions (): Answer the questions based on the information given below.
    The pie chart given below shows the percentage distribution of the cost price of six different items as total cost price of all the six articles together sold by a shopkeeper.
    If the difference between the cost price of item C and E is Rs. 540 and profit earned on item C and E is 20% and 10% respectively, find the difference between the marked price of both items, if the discount given on both items is 20% each.

    Rs. 675

    Correct Answer

    Rs. 525

    Incorrect Answer

    Rs. 450

    Incorrect Answer

    Rs. 725

    Incorrect Answer

    None of these

    Incorrect Answer
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    Explanation:
    Let the total cost price of the items = Rs. x
    According to the question,
    x × 20% - x × 10% = 540
    x = Rs. 5400
    Cost price of item C = 5400 × 10% = Rs. 540
    Cost price of item E = 5400 × 20% = Rs. 1080
    Required difference = 1080 × 110% × 100/80 - 540 × 120% × 100/80
    = 1485 – 810
    = Rs. 675

    By: Munesh Kumari
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