Banking Sample Paper IBPS PO (Main) Sample Test Paper-3

  • question_answer
    Direction: Study the table below and answer the following questions. There are five sellers P, Q, R, S and T. They are selling four different items. The discount (as percentage) is given on the marked price of these four items by different sellers.
    (Note: 1. Some values are missing. You have to calculate these values as per data given in the questions.)
    2. Marked price of a particular item is same for all of the sellers.
    The selling price of item I and item III of seller T are in the ratio of 2:3. If the seller earns a profit of 25%, which is Rs. 280, on Item I and 20% on Item III then find the total profit (in Rs.) by selling item I and item III together by the same seller.

    A)  Rs. 630    

    B)  Rs. 620            

    C)    Rs. 925

    D)    Rs. 765            

    E)  None of these

    Correct Answer: A

    Solution :

                     Let the selling price of item I be Rs. 200 C \[\therefore \] Selling price of item III = Rs. 300 Cost price of item \[I=200\times \frac{100}{125}-Rs.\,160\] Cost price of item \[III=300\times \frac{100}{120}=Rs.\,250\] Profit of item \[I=Rs.(200-160)=Rs.\,40\] Profit of item \[III=Rs.(300-250)=Rs.50\] \[\therefore \] \[40=280\] \[\therefore \] \[1=7\] \[\therefore \] \[50=7\times 50=350\] Hence total profit by selling item I and item III together by T = 280 + 350 = Rs. 630


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