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Banking Sample Paper IBPS Clerk (PT) Sample Paper Test-2

  • question_answer
    A person sold a car for Rs. 145,340 after giving 14% discount on the labelled price, and earned 30% profit on the cost price. What would have been the percentage profit, had he not given the discount?

    A)  32.86%           

    B)  45.26%

    C)  48.45%

    D) 42.86%           

    E) 51.16%

    Correct Answer: E

    Solution :

    Labelled price \[=\frac{145340\times 100}{86}\] =Rs. 169000 Now, Cost price \[\frac{145340\times 100}{130}=Rs.111800\] \[\therefore %profit=\frac{169000-111800}{111800}\times 100\] \[\approx 51.16%\]


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