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.

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?

Options

A

132%

B

84%

C

120%

D

116%

Show Answer

Correct Answer :

Option A

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 CPQ=100.

Since the cost price of article P is 20% more than the cost price of article Q:
CPP=100+20=120

Now, let us calculate the Selling Price (SP) and Marked Price (MP) for both articles:

For Article Q:
Selling Price of Q:
SPQ=CPQ×(1+25100)=100×1.25=125

Since Discount on Q is 25%, Selling Price is 75% of Marked Price (MPQ):
MPQ×(1-25100)=SPQ
MPQ×0.75=125
MPQ=1250.75=5003

For Article P:
Selling Price of P:
SPP=CPP×(1+10100)=120×1.10=132

Since Discount on P is 40%, Selling Price is 60% of Marked Price (MPP):
MPP×(1-40100)=SPP
MPP×0.60=132
MPP=1320.60=220

Percentage of Marked Price of P relative to Marked Price of Q:
Percentage=(MPPMPQ)×100
Percentage=(2205003)×100=220×35=44×3=132%

Thus, the marked price of article P is 132% of the marked price of article Q.

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