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Banking Sample Paper SBI Clerk Grade (Main) Sample Test Paper-1

  • question_answer
    There are two motor cycles (A and B) of equal cost price. Motorcycle A was sold at a profit of 14% and Motorcycle B was sold for Rs. 4,290 more than its cost price. The net profit earned after selling both the motor cycles (A and B) is 20%. What is the cost price of each motorcycle?

    A)  Rs. 16,500                   

    B)  Rs. 16,000

    C)  Rs. 15,500                   

    D)  Rs. 17,500

    E)  Rs. 17,000

    Correct Answer: A

    Solution :

     Let the cost of each motorcycle be Rs, x. S.P. of motorcycle A             =Rs. \[\frac{114x}{100}\] According to the question, \[\frac{114x}{100}+x+4290=\frac{2x\times 120}{100}\] \[\Rightarrow 114x+100x+429000=240x\] \[\Rightarrow 214x+429000=240x\] \[\Rightarrow 240x-214x=429000\] \[\Rightarrow 26x=429000\] \[\Rightarrow x=\frac{429000}{26}\] =Rs.16500


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