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Banking Sample Paper SBI PO (Main) Sample Test Paper-7

  • question_answer
    Direction: Study the given table carefully answer the given question.
    Percentage profit or loss is based on the sum of cost price and transportation cost.
    Name of goods Cost price (in Rs.) Selling price (in Rs.) Cost of transportation (in Rs.) Profit (in Rs.) Loss (in Rs.) profit or loss %
    V 50 30
    W 100 0 10
    X 250 20 5
    Y 400 0 4% toss
    Z 400 40 6% profit (of CP)
    If the loss on V is 5%, then its selling price is what percentage less than the selling price of Z?

    A)  85.7%             

    B)  88.7%

    C)  83.7%             

    D)  81.7%

    E)  79.7%

    Correct Answer: C

    Solution :

     Selling price of V = (Cost price + Cost of Transportation)\[\times \frac{95}{100}=(50+30)\times \frac{95}{100}=\] Rs.76 \[\therefore \]Selling price of Z=Rs.466.4 = 83.7% less than selling price of Z.


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