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Banking Sample Paper SBI PO (Main) Sample Test Paper-4

  • question_answer
    Direction: Study the radar graph carefully and answer the questions that follow:
    The graph show price (in per kg) of various types of oils in different years
    A buys 10 litres of Olive oil in 2010,20 litres of Mustard oil in 2010 and 25 litres of Coconut oil in 2009 and sells all these oils in 2012. What is the percentage profit or loss?

    A) 27.54% loss               

    B) 32.42% loss

    C) 30.76% profit            

    D) 29.48% profit

    E) 18% profit

    Correct Answer: D

    Solution :

    Total cost price of oils \[=10\times 70+20\times 60+25\times 80=\]Rs. 3900 Total selling price \[=10\times 90+20\times 70+25\times 110=\]Rs. 5050 \[\therefore \]\[\text{Profit}=\frac{\text{Selling price}-\text{cost price}}{\text{Cost price}}\times 100\] \[=\frac{1150}{3900}\times 100=29.48%\]


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