IBM Company Numerical Ability Profit and Loss

A trader allows a discount of 5 percent to his customers. What price should he mark on a article the cost price of which is Rs. 800 so as to make clear profit of 25 percent on his outlay?

A.
Rs.1000

B.
Rs.1053

C.
Rs.1200

D.
Rs.11233

Read Solution (Total 3)

cp=800 , profit=25%
sp=800 * 125/100=1000
and
sp=mp * (100-5)/100
1000=mp * 95/100
mp=1052.6=1053
8 years agoHelpfull: Yes(6) No(0)

(100+profit%)
SP = ------------------- * cp
100
SP =1000

1000=x-5% of x
x=1052.63
answer x=1053
option B
8 years agoHelpfull: Yes(3) No(1)
800*1.25=1000/0.95=1052.63=1053
8 years agoHelpfull: Yes(0) No(1)

IBM Other Question

In this question, one term in the number series is wrong. Find out the wrong term

93, 309, 434, 498, 521, 533

A. 309
B. 434
C. 498
D. 521

to do certain work alone 'A' takes 4 hrs,'B' takes 5 hrs and c takes 6 hrs.how long would A and b together take to do a work which C can do in 4 n half hours?