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Banking Sample Paper SBI Junior Associates (Main) Sample Test Paper-1

  • question_answer
    A profit of 25% is earned on a certain good when a discount of 20% is allowed on the marked price. What profit percentage will be earned when a discount of 10% is allowed on the marked price?

    A) \[45\frac{9}{11}%\]                  

    B) \[42\frac{3}{4}%\]                    

    C) \[40\frac{5}{8}%\]        

    D)        \[37\frac{2}{3}%\]                    

    E)  Other than those given as options

    Correct Answer: C

    Solution :

    Marked price of goods = Rs. 100 \[\Rightarrow \]\[SP=Rs.\,\,80\] According to the question, in 1st case CP of goods \[=80\times \frac{100}{125}=Rs.\,\,64\] In 2nd case SP of goods = 100 - 10 = Rs. 90 \[\therefore \]Percentage profit\[=\frac{90-64}{64}\times 100\] \[=\frac{26}{64}\times 100=\frac{325}{8}=40\frac{5}{8}%\]


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