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Banking Sample Paper IBPS PO (Main) Sample Test Paper-3

  • question_answer
    Direction: Study the table below and answer the following questions. There are five sellers P, Q, R, S and T. They are selling four different items. The discount (as percentage) is given on the marked price of these four items by different sellers.
    (Note: 1. Some values are missing. You have to calculate these values as per data given in the questions.)
    2. Marked price of a particular item is same for all of the sellers.
    For seller S, the difference between the selling price of item II and that of item III is Rs. 465. If the sum of the marked price of item II and item III of the same seller is Rs. 430300, then the marked price (in Rs.) of item II is what per cent more/less than that of item III of the same seller Rs. (selling price of item II is greater than that of item III.)

    A)  21.32%           

    B)    19.16%           

    C)    28.16%

    D)    15.26%           

    E)    25.40%

    Correct Answer: E

    Solution :

    Let the marked price of Item II be 100x and that of item III be 100y. \[100x+100y=Rs.\,430300\] According to the question, \[100x\times \frac{60}{100}-100y\times \frac{75}{100}=465\] or, \[60x-75y=465\] or, \[4x-5y=31\] Putting value of y from (i), we get or, \[4x-5\left( 4303-x \right)=31\] or, \[4x+5x=31+21515\] or, \[9x=21546\] or, \[x=2394\] From (i), \[y=4303-2394\] \[\therefore \] \[y=1909\] Marked price of item II = Rs. 239400 Marked price of item III = Rs. 190900 \[\therefore \] Reqd%\[=\frac{239400-190900}{190900}\times 100\] \[=\frac{48500}{200900}\times 100=25.40%\]


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