Banking Quantitative Aptitude Sample Paper Quantitative Aptitude Sample Paper-10

  • question_answer
    While selling a watch, a shopkeeper gives a discount of 5%. If he gives a discount of 6%, he earns Rs. 15 less as profit. What is the marked price of the watch?

    A) Rs. 1250                       

    B) Rs. 1400

    C) Rs. 1500           

    D) Rs. 750

    Correct Answer: C

    Solution :

    Let the marked price be Rs. x.
    Then, selling price after discount of 5%
    \[=x-\frac{5x}{100}=\frac{19x}{20}\]
    Selling price after discount of 6%
    \[=x-\frac{6x}{100}=\frac{47x}{50}\]
    According to the question,
                            \[\frac{19x}{20}-\frac{47x}{50}=15\]
    \[\Rightarrow \]   \[\frac{95x-94x}{100}=15\]\[\Rightarrow \]\[x=1500\]


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