Question
Download Solution PDFThe 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 percent more than the average selling price of L and M together?
Answer (Detailed Solution Below)
Detailed Solution
Download Solution PDFCalculation:
The average cost price of J and K together = (700 + 900)/2 = 800
The average selling price of L and M together = (600 + 800)/2 = 700
Difference = 800 - 700 = 100
Percentage = 100/700 × 100 = 14.28%
∴ Option 2 is the correct answer.
Last updated on Jun 26, 2025
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