The following question contains a statement followed by Quantity 1, 2 and 3. You should use the given data and your knowledge of Mathematics to choose among the possible answer.  The options represent the relations between these three quantities  A) >  B) <  C) = D) ≤  E) ≥  1) A, B  2) B, C  3) B, A  4) E, B  5) B, D  Quantity 1: Find the profit percentage on selling a Ray ban sunglass after offering a discount of 20%, if it costs Rs. 1250 and marked up by Rs. 400. Quantity 2: The profit earned by selling an article for Rs. 210 is 20% while the discount percentage allowed on the article is at the rate of 30% then find the percentage by which marked price of the article is raised above cost price?  Quantity 3: What is the profit percentage earned by selling an article which costs Rs. 180 and the shopkeeper sold the article for Rs. 320?

The following question contains a statement followed by Quantity 1, 2 and 3. You should use the given data and your knowledge of Mathematics to choose among the possible answer.  The options represent the relations between these three quantities  A) >  B) <  C) = D) ≤  E) ≥  1) A, B  2) B, C  3) B, A  4) E, B  5) B, D  Quantity 1: Find the profit percentage on selling a Ray ban sunglass after offering a discount of 20%, if it costs Rs. 1250 and marked up by Rs. 400. Quantity 2: The profit earned by selling an article for Rs. 210 is 20% while the discount percentage allowed on the article is at the rate of 30% then find the percentage by which marked price of the article is raised above cost price?  Quantity 3: What is the profit percentage earned by selling an article which costs Rs. 180 and the shopkeeper sold the article for Rs. 320? Correct Answer B, B

Quantity 1:

MP = 1250 + 400 = Rs. 1650

SP = 1650 × 0.8 = Rs. 1320

Profit % = (1320 - 1250)/1250 × 100 = 5.6%

Quantity 2:

Cost price = 210 × 100/120 = Rs. 175 

Marked price = 210 × 100/70 = Rs. 300 

Mark up percentage = (300 - 175/175) × 100 = 71.42% 

Quantity 3: 

Profit percentage = (320 - 180/180) × 100 = 77.77%

∴ B, B

Related Questions

Each question below is followed by two statements I and II. You have to determine whether the data given in the statements are sufficient for answering the question. You should use the data and your knowledge of mathematics to choose the best possible answer. What is the profit percentage earned by Ajeet by selling the article? Statement I: Ajeet sold the article for Rs. 128. If he sold it for Rs. 8 more, she would have earned a profit of 70%. Statement II: Ajeet marked the price of the article 80% above the cost price and sold it for Rs. 128 at a discount of Rs. 16 on the marked price.