Question : The line chat given below shows the market price and selling price of 7 articles.
The total market price of all the articles is how much per cent more than the total selling price of all articles?
Option 1: 82.21%
Option 2: 58.68%
Option 3: 78.38%
Option 4: 89.26%
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Correct Answer: 78.38%
Solution :
The total market price of all the articles
= 1300 + 900 + 1100 + 800 + 600 + 700 + 1200
= 6600
Total selling price of all the articles
= 700 + 400 + 700 + 600 + 500 + 400 + 400
= 3700
Required percentage
= $\frac{6600-3700}{3700}×100$
= $\frac{2900}{3700}×100$
= 78.38%
Hence, the correct answer is 78.38%.
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