Question Details

The bar graph given below shows the discount percentage given and profit/loss percentage earned by shopkeeper on 5 different articles (P , Q, R, S and T) . Note: negative sign shows the loss percentage.

Find the cost price of the article S, if marked price of the article is Rs.350?

Options

A

Rs.240

B

Rs.200

C

Rs.180

D

Rs.120

Show Answer

Correct Answer :

Option B

Rs.200

Solution :

The correct option is Rs.200.

From the given bar graph, we can extract the values for article S:
- Discount Percentage (represented by the blue bar for article S) = 20%
- Profit Percentage (represented by the orange bar for article S) = 40%

We are given:
Marked Price (MP) of article S = Rs.350

Step 1: Calculate the Selling Price (SP) of article S
The discount is calculated on the marked price.

Selling Price (SP) = Marked Price (MP) × ( 1 - Discount % 100 )

Substituting the values for article S:
SP = 350 × ( 1 - 20 100 )
SP = 350 × 0.80 = Rs.280

Step 2: Calculate the Cost Price (CP) of article S
The profit percentage is 40%, which is earned on the Cost Price (CP).

Selling Price (SP) = Cost Price (CP) × ( 1 + Profit % 100 )

Substituting the values:
280 = CP × ( 1 + 40 100 )
280 = CP × 1.40
CP = 280 1.40 = Rs.200

Thus, the cost price of article S is Rs.200.

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