Banking Sample Paper SBI Junior Associates (Main) Sample Paper Test-2

  • question_answer
    Rajesh marks an item 30% above the cost price and give 20% discount to a customer. If Ritesh pays Rs.780 for the item, what is its cost price?

    A)  Rs.720                       

    B)  Rs.695

    C)  Rs.765           

    D)       Rs.750

    E)  Rs.790

    Correct Answer: D

    Solution :

    Let the cost price be Rs.\[x\]. Marked price \[=x\times \frac{\text{130}}{\text{100}}\text{=Rs}\text{.}\frac{13x}{10}\] Now, discount given is 20%. Then, selling price \[=\frac{13x}{10}\times \frac{80}{100}\] According to the question, \[780=\frac{13x}{10}\times \frac{80}{100}\] Or, \[x=\frac{780\times 10\times 100}{13\times 80}\] \[\therefore x=750\] Another Method: \[\text{CP=100}\] Then, MP=130 Now, \[\text{SP=130}\times \frac{80}{100}=104\] \[\because 104\equiv 780\] \[\therefore 100\equiv \frac{780}{104}\times 100=\text{Rs}\text{.750}\]


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