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

  • question_answer
    Ramesh purchased a car for Rs.150000 and spent Rs.5000 on transportation and 10% of its cost on repair. At what price should he sell it so as to earn an overall profit of 19 per cent?

    A)  Rs.251600       

    B)  Rs.202300     

    C)    Rs.196800       

    D)    Rs.213600     

    E)  None of these

    Correct Answer: B

    Solution :

    Total cost paid by Ramesh = Cost of car + Transportation + Repair \[=150000+5000+\frac{10}{100}\times 150000\] \[=Rs.\,170000\] \[\therefore \] Selling price\[=170000\times \frac{119}{100}=Rs.\,202300\]


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