2. Sample Papers
  3. Banking
  4. Quantitative Aptitude

Banking Quantitative Aptitude Sample Paper Quantitative Aptitude Sample Paper-42

  • question_answer
    Directions: Each question below is followed by two statements I and II. You have to determine whether the data given in the statement is sufficient for answering the question. You should use the data and give answer.
    [United India Insurance (AO) 2013]
    What is the profit earned by selling a printer for Rs. 3000?
    I. The cost price of 6 such printers is equal to selling price of 5 such printers.
    II. 20% profit is earned by selling each printer.

    A) If the statement I alone is sufficient to answer the question but the statement II alone is not sufficient

    B) If the statement II alone is sufficient to answer the question but the statement I alone is not sufficient

    C) If both statements I and II together are needed to answer the question

    D) If either the statement I alone or statement II alone is sufficient to answer the question

    E) If you cannot get the answer from the statements I and II together but need even more data

    Correct Answer: D

    Solution :

    From statement I,
    From statement II, we can also find the answer.
    Let CP of 1 printer be Rs. 1.
    \[\therefore \]CP of 6 printers is Rs. 6
    and SP of 5 printers is Rs. 6.
    \[\therefore \text{Gain}\]%\[=\frac{1}{5}\times 100=20\]%
    \[\because \]\[\text{CP}=\frac{100}{120}\times 3000=\text{Rs}.\,\,2500\]
    \[\therefore \]\[\text{Gain}=\text{Rs}.\,\,(3000-2500)=\text{Rs}.\,\,500\]


You need to login to perform this action.
You will be redirected in 3 sec spinner