If the article lsquo B rsquo has been marked up by 20 and then same discount is offered on it ...........

Quantitative Aptitude ( CCS) Profit and loss

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.

If the article ‘B’ has been marked up by 20% and then same discount is offered on it then the sum of the selling price and cost price decreases by Rs. 90. Find the percentage by which the article was marked up above its cost price originally.

40%

15%

20%

25%

30%

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Explanation:

Let the cost price of the article be Rs. x

Therefore, marked price of the article = Rs. 1.2x

Selling price of the article = Rs. (1.2x – 200)

According to the question,

3850 – (x + 1.2x – 200) = 90

Or, 2.2x = 3960

Or, x = 3960/2.2 = Rs. 1800

Therefore, original selling price of the article = 3850 –

1800 = Rs. 2050

Original marked price = 2050 + 200 = Rs. 2250

Percentage by which article is marked up above its cost

price = {(2250 – 1800)/1800} × 100 = 25%

By: Munesh Kumari

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If the article lsquo B rsquo has been marked up by 20 and then same discount is offered on it ...........

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Explanation:

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