Q:

A shopkeeper gives 20% discount on the marked price of a book. He provides 1 pair of books free with the sale of 9 pair of books. In the whole transaction, he gets profit of 26%. Find the percentage increase in marked price from the cost price.

A) 35% B) 65%
C) 75% D) 26%
 
Answer & Explanation Answer: C) 75%

Explanation:

Given,Let the cost price of single book be Rs. 100.

The cost price of (9 + 1) = 10 pair i.e. 20 books = Rs. (100 × 20) = Rs. 2000.He gets profit of 26%.

So, the selling price of 9 pair i.e. 18 books = Rs. 2000 × (126/100) = Rs. 2520

Then,the selling price of single book = Rs. 2520/18 = Rs. 140

He gives 20% discount on the marked price of a book.

That means, when the selling price is Rs. 80 then the marked price is Rs. 100.

∴When the selling price of single book is Rs. 140, the marked price = Rs. 140 × (100/80) = Rs. 175

∴The percentage increase in marked price from the cost price = (175 –100)% = 75%

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Filed Under: Profit and Loss
Exam Prep: Bank Exams
Job Role: Bank PO , Bank Clerk

5 4955
Q:

The last Mauryan king was

A) Pushyamitra Sunga B) Ashoka
C) Harsa D) Brihadratha
 
Answer & Explanation Answer: D) Brihadratha

Explanation:
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Filed Under: Indian History

5 4954
Q:

Which of the following option is CORRECT for SAS similarly criterion for the triangle ABC and DEF?

 

 

A) B)
C) D) All options are correct
 
Answer & Explanation Answer: D) All options are correct

Explanation:
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Filed Under: Volume and Surface Area
Exam Prep: Bank Exams

0 4954
Q:

Which country has made the world’s largest amphibious aircraft named AG600?

 

A) United States of America B) Russia
C) China D) Saudi Arabia
 
Answer & Explanation Answer: C) China

Explanation:
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Filed Under: General Awareness
Exam Prep: Bank Exams

0 4954
Q:

How did the Lakshadweep islands of group originate?

 

A) Volcanic origin B) Soil Deposition
C) Coral origin D) No option is correct
 
Answer & Explanation Answer: C) Coral origin

Explanation:
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Filed Under: Indian Geography
Exam Prep: Bank Exams

0 4952
Q:

 What is the rate of compound interest?
I. The principal was invested for 4 years.
II. The earned interest was Rs. 1491.

A) I alone sufficient while II alone not sufficient to answer B) II alone sufficient while I alone not sufficient to answer
C) Either I or II alone sufficient to answer D) Either I or II alone sufficient to answer
 
Answer & Explanation Answer: D) Either I or II alone sufficient to answer

Explanation:

 

 

Let Principal = Rs. P and Rate = R% p.a. Then,

 

Amount= Rs.P1+R1004

 

 C.I = P1+R1004-1

 P1+R1004-1=1491

 

Clearly, it does not give the answer

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Filed Under: Compound Interest
Exam Prep: Bank Exams
Job Role: Bank PO

0 4952
Q:

Select the correct statement (s).

A) When energy is transferred to the system from the surrounding as work, the surrounding do work on the system and the value of work (W) positive. B) When energy is transferred from the system to the surrounding as work, work is done on the surrounding and the value of W is negative.
C) Both (A) and (B) D) None of the above
 
Answer & Explanation Answer: C) Both (A) and (B)

Explanation:
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Filed Under: Chemistry
Exam Prep: AIEEE

13 4950
Q:

...................is called the "land of a  thousand lakes"

A) Canada B) Finland
C) Switzerland D) Sweden
 
Answer & Explanation Answer: B) Finland

Explanation:
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Filed Under: World Geography

8 4948