Question : The line chart given below shows the cost price and value of profit of 6 articles L, M, N, O, P, and Q. Selling price = Cost price + Profit A1 = The value of the average selling price of all articles. A2 = The value of the average cost price of L, M, N, and O. What is the value of (A1 + A2)?
Option 1: 1875
Option 2: 1425
Option 3: 1675
Option 4: 1025
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Correct Answer: 1675
Solution : Average cost price for L, M, N, O = A2 = $\frac{800 + 700 + 500 + 600}{4}=\frac{2600}{4}= 650$ Now, we have to calculate the average selling price. Selling price = Cost price + Profit ⇒ Selling price of L, M, N, O, P, and Q = A1 = (800 + 300) + (700 + 250) + (500 + 400) + (600 + 500) + (400 + 350) + (900 + 450) = 1100 + 950 + 900 + 1100 + 750 + 1350 = 6150 So, Average selling price = $\frac{6150}{6} = 1025$ $\therefore$ A1 + A2 = 1025 + 650 = 1675 Hence, the correct answer is 1675.
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Question : The bar graph given below shows the cost price and selling price of four articles L, M, N, and O.
Loss = Cost price - Selling price Which of the following sequences is correct for loss?
Option 1: O > N > L > M
Option 2: N > O > L > M
Option 3: O > N > M > L
Option 4: O > L > N > M
Question : The bar graph given below shows the cost price and selling price of four articles J, K, L and M. The average cost price of J and K together is how much percentage more than the average selling price of L and M together?
Option 1: 12.5%
Option 2: 14.28%
Option 3: 20%
Option 4: 7.28%
Question : The cost price of 240 articles is the same as the selling price of $x$ articles. If profit is 20%, find the value of $x$.
Option 1: 200
Option 2: 210
Option 3: 180
Option 4: 240
Question : The line chart given below shows the cost price and value of profit of 6 articles J, K, L, M, N, and P.
Which of the following statements is correct? I. The combined cost price of J and K is 100 percent more than the combined profit of L and M. II. The ratio of the combined profit of N and P to the combined cost price of K and M is 2 : 1.
Option 1: Only II
Option 2: Only I
Option 3: Both I and II
Option 4: Neither I nor II
Question : The cost price of 60 articles is the same as the selling price of $x$ articles. If there is a profit of 20%, what is the value of $x$?
Option 1: 15
Option 2: 30
Option 3: 50
Option 4: 80
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