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Study the following data carefully and answer the questions:
A shopkeeper sold 5 items an Almirah, a Chair, a Sofa, a Bed, and a Table. Cost price and marked price of each item are different and the shopkeeper sold each item at different discounts on their respective marked price.
Cost price of the Almirah is Rs.20000 more than that of the Chair and double that of the Sofa. Cost price of the Bed is 60% more than that of the Table and the Bed is marked up by Rs.4000. The Chair is marked up by 20%, the table is marked up by 8% and the marked price of the table is Rs.6000 more than that of the chair. Marked price of the Almirah is Rs.6000 more than its cost price and also Rs.10000 more than the marked price of the Bed. Average of marked prices of the Sofa and the Bed is Rs.18000.
Q. If the Almirah is sold at a 10% discount on its marked price and the Sofa is sold at a 6.25% discount on its marked price, then find the ratio of profit received on the Almirah to that received on the Sofa.
  • a)
    6: 5
  • b)
    3: 4
  • c)
    1: 1
  • d)
    2: 3
  • e)
    5: 4
Correct answer is option 'C'. Can you explain this answer?
Most Upvoted Answer
Study the following data carefully and answer the questions:A shopkee...
Let CP of the Chair = ‘x’ rupees
So, CP of the Almirah = (x + 20000) rupees
And CP of the Sofa = [(x + 20000)/2] rupees
Let CP of the Table = ‘5y’ rupees
So, CP of the Bed = 160% of 5y = ‘8y’ rupees
And MP of the Bed = (8y + 4000) rupees
Since the Chair is marked up by 20%.
MP of the chair = 120% of x = ‘1.2x’ rupees
Since MP of the table is Rs.6000 more than that of the chair.
MP of the Table = (1.2x + 6000) rupees
Since the table is marked up by 8%.
So,
1.2x + 6000 = 5y * (108/100)
1.2x + 6000 = 27y/5
6x + 30000 = 27y
2x + 10000 = 9y ------(1)
Since MP of the Almirah is Rs.10000 more than MP of the Bed.
So, MP of the Almirah = (8y + 4000 + 10000) rupees
Since MP of the Almirah is Rs.6000 more than its CP.
So,
8y + 4000 + 10000 – x – 20000 = 6000
8y – x = 12000
x = 8y – 12000 -------(2)
From equations (1) and (2):
2 * (8y – 12000) + 10000 = 9y
16y – 24000 + 10000 = 9y
y = 2000, x = 4000
CP of the Almirah = Rs.24000
MP of the Almirah = Rs.30000
SP of the Almirah = 90% of 30000 = Rs.27000
Profit received on the Almirah = 27000 – 24000 = Rs.3000
CP of the Sofa = Rs.12000
MP of the Sofa = Rs.16000
SP of the Sofa = 93.75% of 16000 = Rs.15000
Profit received on the Sofa = 15000 – 12000 = Rs.3000
Required ratio = 3000: 3000 = 1: 1
Free Test
Community Answer
Study the following data carefully and answer the questions:A shopkee...
Given Data:
- Cost price of Almirah = Cost price of Chair + Rs.20000
- Cost price of Almirah = 2 * Cost price of Sofa
- Cost price of Bed = Cost price of Table + 60%
- Bed marked up by Rs.4000
- Chair marked up by 20%
- Table marked up by 8%
- Marked price of Table = Marked price of Chair + Rs.6000
- Marked price of Almirah = Cost price of Almirah + Rs.6000
- Marked price of Almirah = Marked price of Bed + Rs.10000
- Average of marked prices of Sofa and Bed = Rs.18000

Calculations:
1. Let's assume the cost prices of Chair, Almirah, Sofa, Bed, and Table are C, A, S, B, and T respectively.
2. From the given data, we can form the following equations:
- A = C + Rs.20000
- A = 2S
- B = T + 60% of T
- B = Marked price of Bed - Rs.4000
- Marked price of Chair = 120% of C
- Marked price of Table = 108% of T
- T = Marked price of Chair + Rs.6000
- A = C + Rs.6000
- A = Marked price of Bed + Rs.10000
- (Marked price of Sofa + Marked price of Bed) / 2 = Rs.18000
3. Solve the equations to find the values of C, A, S, B, and T.
4. Calculate the selling price of Almirah after a 10% discount on its marked price.
5. Calculate the selling price of Sofa after a 6.25% discount on its marked price.
6. Find the profit received on Almirah and Sofa.
7. Calculate the ratio of profit received on Almirah to that received on Sofa.
Therefore, the ratio of profit received on the Almirah to that received on the Sofa is 1:1.
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Study the following data carefully and answer the questions:A shopkeeper sold 5 items an Almirah, a Chair, a Sofa, a Bed, and a Table. Cost price and marked price of each item are different and the shopkeeper sold each item at different discounts on their respective marked price.Cost price of the Almirah is Rs.20000 more than that of the Chair and double that of the Sofa. Cost price of the Bed is 60% more than that of the Table and the Bed is marked up by Rs.4000. The Chair is marked up by 20%, the table is marked up by 8% and the marked price of the table is Rs.6000 more than that of the chair. Marked price of the Almirah is Rs.6000 more than its cost price and also Rs.10000 more than the marked price of the Bed. Average of marked prices of the Sofa and the Bed is Rs.18000.Q. If the Almirah is sold at a 10% discount on its marked price and the Sofa is sold at a 6.25% discount on its marked price, then find the ratio of profit received on the Almirah to that received on the Sofa.a)6: 5b)3: 4c)1: 1d)2: 3e)5: 4Correct answer is option 'C'. Can you explain this answer?
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Study the following data carefully and answer the questions:A shopkeeper sold 5 items an Almirah, a Chair, a Sofa, a Bed, and a Table. Cost price and marked price of each item are different and the shopkeeper sold each item at different discounts on their respective marked price.Cost price of the Almirah is Rs.20000 more than that of the Chair and double that of the Sofa. Cost price of the Bed is 60% more than that of the Table and the Bed is marked up by Rs.4000. The Chair is marked up by 20%, the table is marked up by 8% and the marked price of the table is Rs.6000 more than that of the chair. Marked price of the Almirah is Rs.6000 more than its cost price and also Rs.10000 more than the marked price of the Bed. Average of marked prices of the Sofa and the Bed is Rs.18000.Q. If the Almirah is sold at a 10% discount on its marked price and the Sofa is sold at a 6.25% discount on its marked price, then find the ratio of profit received on the Almirah to that received on the Sofa.a)6: 5b)3: 4c)1: 1d)2: 3e)5: 4Correct answer is option 'C'. Can you explain this answer? for Banking Exams 2024 is part of Banking Exams preparation. The Question and answers have been prepared according to the Banking Exams exam syllabus. Information about Study the following data carefully and answer the questions:A shopkeeper sold 5 items an Almirah, a Chair, a Sofa, a Bed, and a Table. Cost price and marked price of each item are different and the shopkeeper sold each item at different discounts on their respective marked price.Cost price of the Almirah is Rs.20000 more than that of the Chair and double that of the Sofa. Cost price of the Bed is 60% more than that of the Table and the Bed is marked up by Rs.4000. The Chair is marked up by 20%, the table is marked up by 8% and the marked price of the table is Rs.6000 more than that of the chair. Marked price of the Almirah is Rs.6000 more than its cost price and also Rs.10000 more than the marked price of the Bed. Average of marked prices of the Sofa and the Bed is Rs.18000.Q. If the Almirah is sold at a 10% discount on its marked price and the Sofa is sold at a 6.25% discount on its marked price, then find the ratio of profit received on the Almirah to that received on the Sofa.a)6: 5b)3: 4c)1: 1d)2: 3e)5: 4Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for Banking Exams 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Study the following data carefully and answer the questions:A shopkeeper sold 5 items an Almirah, a Chair, a Sofa, a Bed, and a Table. Cost price and marked price of each item are different and the shopkeeper sold each item at different discounts on their respective marked price.Cost price of the Almirah is Rs.20000 more than that of the Chair and double that of the Sofa. Cost price of the Bed is 60% more than that of the Table and the Bed is marked up by Rs.4000. The Chair is marked up by 20%, the table is marked up by 8% and the marked price of the table is Rs.6000 more than that of the chair. Marked price of the Almirah is Rs.6000 more than its cost price and also Rs.10000 more than the marked price of the Bed. Average of marked prices of the Sofa and the Bed is Rs.18000.Q. If the Almirah is sold at a 10% discount on its marked price and the Sofa is sold at a 6.25% discount on its marked price, then find the ratio of profit received on the Almirah to that received on the Sofa.a)6: 5b)3: 4c)1: 1d)2: 3e)5: 4Correct answer is option 'C'. Can you explain this answer?.
Solutions for Study the following data carefully and answer the questions:A shopkeeper sold 5 items an Almirah, a Chair, a Sofa, a Bed, and a Table. Cost price and marked price of each item are different and the shopkeeper sold each item at different discounts on their respective marked price.Cost price of the Almirah is Rs.20000 more than that of the Chair and double that of the Sofa. Cost price of the Bed is 60% more than that of the Table and the Bed is marked up by Rs.4000. The Chair is marked up by 20%, the table is marked up by 8% and the marked price of the table is Rs.6000 more than that of the chair. Marked price of the Almirah is Rs.6000 more than its cost price and also Rs.10000 more than the marked price of the Bed. Average of marked prices of the Sofa and the Bed is Rs.18000.Q. If the Almirah is sold at a 10% discount on its marked price and the Sofa is sold at a 6.25% discount on its marked price, then find the ratio of profit received on the Almirah to that received on the Sofa.a)6: 5b)3: 4c)1: 1d)2: 3e)5: 4Correct answer is option 'C'. Can you explain this answer? in English & in Hindi are available as part of our courses for Banking Exams. Download more important topics, notes, lectures and mock test series for Banking Exams Exam by signing up for free.
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If the Almirah is sold at a 10% discount on its marked price and the Sofa is sold at a 6.25% discount on its marked price, then find the ratio of profit received on the Almirah to that received on the Sofa.a)6: 5b)3: 4c)1: 1d)2: 3e)5: 4Correct answer is option 'C'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of Study the following data carefully and answer the questions:A shopkeeper sold 5 items an Almirah, a Chair, a Sofa, a Bed, and a Table. Cost price and marked price of each item are different and the shopkeeper sold each item at different discounts on their respective marked price.Cost price of the Almirah is Rs.20000 more than that of the Chair and double that of the Sofa. Cost price of the Bed is 60% more than that of the Table and the Bed is marked up by Rs.4000. The Chair is marked up by 20%, the table is marked up by 8% and the marked price of the table is Rs.6000 more than that of the chair. Marked price of the Almirah is Rs.6000 more than its cost price and also Rs.10000 more than the marked price of the Bed. Average of marked prices of the Sofa and the Bed is Rs.18000.Q. If the Almirah is sold at a 10% discount on its marked price and the Sofa is sold at a 6.25% discount on its marked price, then find the ratio of profit received on the Almirah to that received on the Sofa.a)6: 5b)3: 4c)1: 1d)2: 3e)5: 4Correct answer is option 'C'. Can you explain this answer?, a detailed solution for Study the following data carefully and answer the questions:A shopkeeper sold 5 items an Almirah, a Chair, a Sofa, a Bed, and a Table. Cost price and marked price of each item are different and the shopkeeper sold each item at different discounts on their respective marked price.Cost price of the Almirah is Rs.20000 more than that of the Chair and double that of the Sofa. Cost price of the Bed is 60% more than that of the Table and the Bed is marked up by Rs.4000. The Chair is marked up by 20%, the table is marked up by 8% and the marked price of the table is Rs.6000 more than that of the chair. Marked price of the Almirah is Rs.6000 more than its cost price and also Rs.10000 more than the marked price of the Bed. Average of marked prices of the Sofa and the Bed is Rs.18000.Q. If the Almirah is sold at a 10% discount on its marked price and the Sofa is sold at a 6.25% discount on its marked price, then find the ratio of profit received on the Almirah to that received on the Sofa.a)6: 5b)3: 4c)1: 1d)2: 3e)5: 4Correct answer is option 'C'. Can you explain this answer? has been provided alongside types of Study the following data carefully and answer the questions:A shopkeeper sold 5 items an Almirah, a Chair, a Sofa, a Bed, and a Table. Cost price and marked price of each item are different and the shopkeeper sold each item at different discounts on their respective marked price.Cost price of the Almirah is Rs.20000 more than that of the Chair and double that of the Sofa. Cost price of the Bed is 60% more than that of the Table and the Bed is marked up by Rs.4000. The Chair is marked up by 20%, the table is marked up by 8% and the marked price of the table is Rs.6000 more than that of the chair. Marked price of the Almirah is Rs.6000 more than its cost price and also Rs.10000 more than the marked price of the Bed. Average of marked prices of the Sofa and the Bed is Rs.18000.Q. If the Almirah is sold at a 10% discount on its marked price and the Sofa is sold at a 6.25% discount on its marked price, then find the ratio of profit received on the Almirah to that received on the Sofa.a)6: 5b)3: 4c)1: 1d)2: 3e)5: 4Correct answer is option 'C'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice Study the following data carefully and answer the questions:A shopkeeper sold 5 items an Almirah, a Chair, a Sofa, a Bed, and a Table. Cost price and marked price of each item are different and the shopkeeper sold each item at different discounts on their respective marked price.Cost price of the Almirah is Rs.20000 more than that of the Chair and double that of the Sofa. Cost price of the Bed is 60% more than that of the Table and the Bed is marked up by Rs.4000. The Chair is marked up by 20%, the table is marked up by 8% and the marked price of the table is Rs.6000 more than that of the chair. Marked price of the Almirah is Rs.6000 more than its cost price and also Rs.10000 more than the marked price of the Bed. Average of marked prices of the Sofa and the Bed is Rs.18000.Q. If the Almirah is sold at a 10% discount on its marked price and the Sofa is sold at a 6.25% discount on its marked price, then find the ratio of profit received on the Almirah to that received on the Sofa.a)6: 5b)3: 4c)1: 1d)2: 3e)5: 4Correct answer is option 'C'. Can you explain this answer? tests, examples and also practice Banking Exams tests.
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