Profit and loss

Quantitative Aptitude (CGL)

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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.

Average SP of article III by stores A and B is Rs 3608, by stores B and C is Rs 3300. Find the SP of article III by store C.

Rs 2984

Rs 3122

Rs 3080

Rs 2764

Explanation:

Let x% discount by store B
So [84 + (100-x)]/2*100 * MP = 3608
And [70 + (100-x)]/2*100 * MP = 3300
Put value of (100-x) from 1 equation to another and solve for MP
MP = Rs 4400
So SP by store C = 70/100 * 4400 = Rs 3080

By: Amit Kumar

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