Direction: Study the table below and answer the following questions. There are five sellers P, Q, R, S and T. They are selling four different items. The discount (as percentage) is given on the marked price of these four items by different sellers. |
(Note: 1. Some values are missing. You have to calculate these values as per data given in the questions.) |
2. Marked price of a particular item is same for all of the sellers. |
A) 5.75%
B) 3%
C) 7%
D) 10.5%
E) 4.75%
Correct Answer: E
Solution :
Cost price = Rs. 50 Marked price =\[50\times \frac{64}{100}+50=Rs.\,82\] Total cost price \[=5\times 50=Rs.\,250\] Total selling price should be \[=Rs.\,(250+70)=Rs.\,320\] Selling price of item III by seller T \[=\left( 320-82\times \frac{66}{100}-82\times \frac{68}{100}-82\times \frac{86}{100}-82\times \frac{75}{100} \right)\] \[=(320-82\times 0.66-82\times 0.68-82\times 0.86-82\]\[\times 0.75)\]\[=320-82\times 2.95\] \[=320-241.9=Rs.\,78.1\] \[\therefore \] Minimum required discount \[=\frac{82-78.1}{82}\times 100=\frac{3.9}{82}\times 100=4.75%\]You need to login to perform this action.
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