2. Sample Papers
  3. Banking

Banking Sample Paper IBPS Clerk (Main) Sample Paper Test-1

  • question_answer
    A shopkeeper sells 20 articles for Rs.40 after giving 10% discount and earns 40% profit. If no discount is allowed then the earned profit will be (approximately)

    A)  53.65%                       

    B)  55.55%           

    C)    60.45%

    D)    48.55%      

    E)  45.75%

    Correct Answer: B

    Solution :

    SP of the article \[=\frac{40}{20}=Rs.\,2\] \[\therefore \] CP of the article\[=2\times \frac{100}{140}=Rs.\,\frac{10}{7}\] MP of the article\[=2\left( \frac{10}{9} \right)=\frac{20}{9}\] \[\therefore \] Gain at MP\[=\frac{20}{9}-\frac{10}{7}-\frac{140-90}{63}=\frac{50}{63}\] \[\therefore \] Gain on MP \[=\frac{\frac{50}{63}}{\frac{10}{7}}\times 100=\frac{50}{63}\times \frac{7}{10}\times 100=\frac{500}{9}=55\frac{5}{9}%\] \[\approx 55.55%\]


You need to login to perform this action.
You will be redirected in 3 sec spinner