Get Answers to all your Questions

header-bg qa

Directions for question :

The following Line Graph depicts the Mark-up percentage and the Discount percentage of six types of hand-woven Murshidabad-silk sarees A to F at a Tantuja Store in Kolkata, the West Bengal government handloom and silk saree shop.

Question:

Assuming all six types of hand-woven Murshidabad-silk sarees A to F had the same selling price, which type fetched the Tantuja Store in Kolkata the highest amount of profit ?

 

Option: 1

A


Option: 2

C


Option: 3

D


Option: 4

E


Answers (1)

best_answer

Profit percentage on saree type A = 40 – 20 + 40(–20)/100 = 12% 

Profit percentage on saree type C = 8% (found in previous question)

Profit percentage on saree type D = 5% (found in previous question) 

Profit percentage on saree type E = 50 – 20 + 50(–20)/100 = 20% 

Among the options provided, E has the highest profit percent of 20%

Thus for the same selling price, E will have the least cost price, and hence, the highest profit amount.

Hence, the type of hand-woven Murshidabad-silk saree which type fetched the Tantuja Store in Kolkata the highest amount of profit was E

 

Posted by

vinayak

View full answer