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

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%

Team Careers360 · Accepted Answer

Correct Answer: 14.28%

Solution : Average cost price of J and K $=\frac{700+900}{2}=800$
Average selling price of L and M $=\frac{600+800}{2}=700$
Difference = 800 – 700 = 100
Required percentage = $\frac{ ext{Difference}}{ ext{Average of L and M}} imes100$
= $\frac{100}{700} imes100$
= $14.28$%
Hence, the correct answer is 14.28%.

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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%

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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%