Banking Quantitative Aptitude Sample Paper Quantitative Aptitude Sample Paper-37

  • question_answer
    The marked price of an electric heater is Rs. 600. The shopkeeper allows a discount of 15% and gains 20%. If no discount is allowed, his gain per cent would be

    A) \[42\frac{4}{5}\]%                   

    B) \[25\frac{1}{12}\]%

    C) \[39\frac{2}{15}\]%                 

    D) \[41\frac{3}{17}\]%

    Correct Answer: D

    Solution :

    \[MP=600,\] discount \[(d)=15\]%
    \[\text{SP}=85%\] of \[600=\frac{85}{100}\times 600=\text{Rs}\text{. 510}\]
    \[\text{SP}=\text{Rs}.\,\,510\] and \[\text{gain}%=20\]%
    \[\text{CP}=\frac{100}{120}\times 510=\text{Rs}\text{. 425}\]
    \[\text{CP}=425,\]\[\text{MP}=600\]
    Gain% = \[\frac{175}{425}\,\times \,100\,=\,\frac{700}{17}\]% = \[41\frac{3}{17}\]%
     


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