Banking Quantitative Aptitude Sample Paper Quantitative Aptitude Sample Paper-3

  • question_answer
    The marked price of a bicycle is Rs. 1100. A shopkeeper allows a discount of 10% and get a profit to 10%. The cost price of the bicycle is

    A)  Rs. 1100

    B)  Rs. 900

    C)  Rs. 1089

    D)  Rs. 891

    Correct Answer: B

    Solution :

    [b] Let CP of the bicycle = Rs. x \[\therefore \] SP of the bicycle \[=\,\,\frac{110x}{100}=Rs.\,\,\frac{11x}{10}\] Now, MP of the bicycle = Rs. 1100 \[\therefore \] SP of the bicycle \[=\,\,\frac{1100\times 90}{100}=Rs.\,\,990\] \[\therefore \]      \[\frac{11x}{10}=990\]\[\Rightarrow \]\[x=\frac{990\times 10}{11}\] \[\Rightarrow \]   \[x=Rs.\,\,900\]


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