Banking Quantitative Aptitude Sample Paper Quantitative Aptitude Sample Paper-31

  • question_answer
    A wholesale rice merchant sells a bag containing 50 kg of rice for Rs. 1500. He allows two discount of 10% and 5%. How much money a customer has to pay to the bag of rice?

    A) Rs. 1282.50      

    B) Rs. 1245.50

    C) Rs. 1260.25                  

    D) Rs. 1236.25

    Correct Answer: A

    Solution :

    Marked price of a bag of rice = Rs. 1500
    Discount of 10% on \[\text{Rs}\text{. 1500}=\frac{(100-10)}{100}\times 1500\]
    \[=\frac{90}{100}\times 1500=90\times 15\]
    \[=1350\]
    Again, discount of 5% on \[\text{Rs}\text{. 1350}=\frac{(100-5)}{100}\times 1350\]
                            \[=\frac{95}{100}\times 1350=\frac{95\times 135}{10}\]
                            \[=\frac{12825}{10}=1282.50\]


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