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

  • question_answer

    Direction: Read the data carefully and answer the questions given below:
    The pie-chart shows the percentage break-up of production of electronic items from various companies during 2016.
    All the companies produce Washing machines, Mobile phones, AC and LED only.
    Total production of electronic items = 24 lakh
    The pie-chart given below shows the percentage break-up of production of washing machines during 2016
    Total washing machines produced = 4.5 lakh
     

    The ratio of the cost price to the marked price of a washing machine is 2 : 3. Of the total washing machine produced, 60% are sold by LG. What is the total selling price of all the washing machines sold by LG, if each of them is sold at a discount of 20% and earns a profit of Rs.2000 on each washing machine?

    A)  Rs. 4865 lakh   

    B)    Rs. 5465 lakh   

    C)  Rs. 5832 lakh   

    D)    Rs. 5654 lakh   

    E)  Rs. 5476 lakh

    Correct Answer: C

    Solution :

    Brand Electronic items Washing machines
    LG 384000 81000
    Philips 288000 45000
    Samsung 456000 108000
    Sony 360000 72000
    Godrej 480000 90000
    Videocon 432000 54000
    Total 2400000 450000
    Total washing machines sold by LG \[=81000\times \frac{60}{100}=48600\] Let cost price be 2x and marked price be 3x. Selling price \[=3x\times \frac{80}{100}=2.4\,x\] Profit \[=2.4\,x-2x=2000\] \[\therefore \]\[x=5000\] Selling price of a washing machine \[=2.4\times 5000=12000\] Total selling price\[=12000\times 48600\] = Rs. 5832 lakh


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