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Banking Sample Paper Bank of Baroda (PO) Sample Test Paper-1

  • question_answer
    A person purchases 100 pens at a discount of 10%. The new amount of money spent by the person to, purchase the pens is Rs. 600. The selling expenses incurred by the person are 15% on the net cost price. What should be the selling price for 100 pens in order to earn a profitof25%?

    A)  802.50            

    B)  811.25

    C)         862.50

    D)         875

    E)  825

    Correct Answer: C

    Solution :

    Reqd selling price = (115% of 600) \[\times \frac{125}{100}=690\times \frac{5}{4}\] Rs. 862.5


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