Banking Quantitative Aptitude Sample Paper Quantitative Aptitude Sample Paper-1

  • question_answer
    If the cost of 5 articles are the same as the selling price of 6 articles, then the loss will be           [NICL (AO) 2014]

    A) 25%    

    B) 22.5%

    C) 16.67%

    D) 18.75%

    E) 19%

    Correct Answer: C

    Solution :

    [c] Here, \[x=5\] and \[y=6\] \[\therefore \] Loss percentage \[=\frac{y-x}{y}\times 100\]% \[[\because x<y]\] \[=\,\,\frac{6-5}{6}\times 100\]% \[=\frac{100}{6}\]% =\[=\frac{50}{3}\]%. =16.6666%= 16.67%


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