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.
If the cost price of article P is 20% more than cost price of article Q, then find the marked price of article P is what percentage of marked price of article Q?
Correct Answer :
132%
Solution :
Correct Option: 132%
Let us analyze the data given in the bar graph for articles P and Q:
From the bar graph (where blue represents Discount % and orange represents Profit/loss %):
For Article P:
• Discount % = 40%
• Profit % = 10%
For Article Q:
• Discount % = 25%
• Profit % = 25%
Let the Cost Price (CP) of article Q be .
Since the cost price of article P is 20% more than the cost price of article Q:
Now, let us calculate the Selling Price (SP) and Marked Price (MP) for both articles:
For Article Q:
Selling Price of Q:
Since Discount on Q is 25%, Selling Price is 75% of Marked Price ():
For Article P:
Selling Price of P:
Since Discount on P is 40%, Selling Price is 60% of Marked Price ():
Percentage of Marked Price of P relative to Marked Price of Q:
Thus, the marked price of article P is 132% of the marked price of article Q.
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