385). From Graph (iii) : Ratio of market prices is Bajaj : M&M = 8x : 11x
11x – 8x = 3x = 1,08,000
x = 36,000
Now market price of Maruti = 5x = 180,000
Market price of Honda = 10x = 3,60,000
Required percentage = (3,60,000 - 180,000) / 3,60,000 × 100
= 180,000 / 3, 60,000 × 100
Required percentage = 50%.
Quicker Approach:
Ratio of price of Honda to Maruti = 2 : 1
Required ratio = (2-1)/2 × 100 = 50%
Note: There is no need of the cost of Bajaj car in March 2004.
Answer: b)