Banking
Sample Paper
IBPS Clerk (Main) Sample Paper Test-1
question_answer
How many kg of salt at 40 paise per kg must a man mix with 20 kg of salt at 22 paise per kg so that he may, on selling the mixture at 36 paise per kg, gain 20% on the outlay?
A) 14 kg
B) 18 kg
C) 13 kg
D) 17 kg
E) 16 kg
Correct Answer:
E
Solution :
Average cost price\[=36\times \frac{100}{120}\] = 30 paise Now, by alligation method