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

  • question_answer
    A shopkeeper marks an item 30% above the cost price and gives 20% discount to a customer. If the customer pays Rs. 858 for the item, then what is the cost price?

    A)  Rs. 850                      

    B)  Rs. 887

    C)  Rs. 825                      

    D)  Rs. 975

    E)  Rs. 925

    Correct Answer: C

    Solution :

     Let the cost price be Rs. 100. \[\text{MP = 130}\] \[\text{SP=130}\times \frac{80}{100}=104\] Now, 104 = 858 \[\therefore 100=\frac{858}{104}\times 100=Rs.\,\,825\]


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