Bank Exams Questions

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According to the Survey, inflation in the country continued to moderate during 2017-18 with the CPI based headline inflation averaging 3.3 per cent during the period --the lowest in the last six financial years

Retail inflation fell to a record low of 2.18% in May as prices of kitchen staples like vegetables and pulses declined sharply although there was a marginal spike in fruit rates.

Tally package is developed by Tally Solutions. 

Tally Solutions, then known as Peutronics, was co-founded in 1986 by Shyam Sunder Goenka and his son Bharat Goenka.

Given the cost price of the articles = Rs. 450

To get overall 20% gain,

Total Selling Price = (20/100) x 450 = 540

One third of the CP = 1/3 x 450 = Rs. 150

But given 1/3 of articles are sold at 10% loss

S.P of 1/3 of articles = 90% of 150

= 90 x 150/100 = 135

Then, S.P on remaining 2/3 goods must be

= 450 - 135 = 405 ...........(1)

CP on remaining goods

= 2/3 x 450 = 300 ............(2)

Profit = SP - CP = 405 - 300 = 105

Profit %  = (105/300) x 100

= 35%.