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)
    The percentage profit on V is 4%. Then what is its selling price?

    A)  Rs. 91.2                       

    B)  Rs. 89.5        

    C)  Rs. 87,5                       

    D)  Rs. 85          

    E)  Rs. 83.2

    Correct Answer: E

    Solution :

    Cost price of V =Rs.50 Transportation cost =Rs.30 \[\therefore \]Total cost price = 50 + 30 = Rs.80 Profit = 4% \[\therefore \]Selling price \[=80\times \frac{104}{100}=\]Rs. 83.2


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