The table below shows the cost price (in Rupees) and sale price (in Rupees) of four items for five…
The sale price of item D in 2019 is Rs 40,460 and its cost price in 2015 is Rs 25,000. The excess, as a percentage of the 2015 cost price, is…
Choose your answer
The table below shows the cost price (in Rupees) and sale price (in Rupees) of four items for five years.
| Year | Item A | Item B | Item C | Item D | ||||
|---|---|---|---|---|---|---|---|---|
| Cost Price | Sale price | Cost Price | Sale Price | Cost price | Sale Price | Cost Price | Sale Price | |
| 2015 | 200000 | 230000 | 100000 | 110000 | 25000 | 28750 | 25000 | 28750 |
| 2016 | 140000 | 161000 | 150000 | 165000 | 27500 | 31625 | 27500 | 31900 |
| 2017 | 210000 | 241500 | 160000 | 176000 | 40000 | 44000 | 30000 | 35100 |
| 2018 | 185000 | 212750 | 190000 | 209000 | 33300 | 38295 | 40000 | 47200 |
| 2019 | 170000 | 195500 | 199500 | 221445 | 34000 | 39100 | 34000 | 40460 |
Question: By what percentage does the sale price of item D in 2019 exceed its cost price in 2015?
Answer and explanation
Correct answer C
The sale price of item D in 2019 is Rs 40,460 and its cost price in 2015 is Rs 25,000. The excess, as a percentage of the 2015 cost price, is . Measuring the excess on the 2019 sale price instead, , uses the wrong base.
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