Question

The table given below shows the cost price and profit percent of five different articles.

Articles	Cost Price	Profit %
A	450	12
B	1450	18
C	2250	25
D	3500	35
E	6500	45

 

Selling price = Cost price + \(\rm \left(\frac{Cost\:price \times Profit \%}{100}\right)\)

J1 = Total Selling price of article A and C.

J2 = Total Selling price of article D and E.

What is the value of J2 – J1?

1. 10833.5
2. 12000
3. 124.85
4. 11797.5

Answer 1

Correct Answer - Option 1 : 10833.5

Given:

Cost price of A, C, D and E respectively = 450, 2250, 3500, 6500

Profit% for A, C, D and E = 12, 25, 35, 45

Calculation:

Selling price of A = 450 + \(\left(\frac{450 \times 12}{100}\right)\) = 504

Selling price of C = 2250 + \(\left(\frac{2250 \times 25}{100}\right)\) = 2812.5

⇒ J1 = 504 + 2812.5 = Rs. 3316.5

Selling price of D = 3500 + \(\left(\frac{3500 \times 35}{100}\right)\) = 4725

Selling price of E = 6500 + \(\left(\frac{6500 \times 45}{100}\right)\) = 9425

J2 = 4725 + 9425 = Rs. 14150

J2 - J1 = 14150 - 3316.5

∴ J2 - J1 = 10833.5