Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

Quantitative Reasoning

Topic

Data Interpretation & Stats

Question:

The table given below  shows the cost price and value of profit of 6 articles.

Articles Cost price Profit
D 700 200
E 600 150
F 400 300
G 500 400
H 300 250
I 800 350

Which of the following statement is NOT correct ?

I. The profit of D, E and F is 30.63 percent of the cost price of G, H and I.

II. The ratio of total cost price to the total profits is 1 : 2.

 

Options:

Both I and II

Only II

Only I

Neither I nor II

Correct Answer:

Both I and II

Explanation:

I. The profit of D, E and F is 30.63 percent of the cost price of G, H and I.

profit of D, E and F = 200 + 150 + 300 = 650

cost price of G, H and I = 500 + 300 + 800 = 1600

Profit percentage = \(\frac{650}{1600}\) × 100 = 40.625%

Statement I is not correct .

II. The ratio of total cost price to the total profits is 1 : 2.

Total cost price = 700 + 600 + 400 + 500 + 300 + 800 = 3300

Total profit = 200 + 150 + 300 + 400 + 250 + 350 = 1650

Required ratio    ,   3300  :  1650  = 2 : 1

Statement II is not correct

Ans :- Both I and II