IBPS SO Prelims Exam Model Paper 8

Given:
The marked price of an item = Rs. 4000
Discount percentage for B = 5%
The selling price of an item sold by B = Rs. 7700
Formula:
Profit percentage =

(selling‌price‌–‌cost‌price)

(cost‌price)

× 100
Calculation:
Cost price of an item for B = 7700 ×

100

110

= Rs. 7000
The cost price of an item for B = selling price of an item for A = Rs. 7000
⇒ Cost price of an item for A = 4000 ×

95

100

= Rs. 3800
∴ Profit percentage =

(7000–3800)

3800

× 100
⇒ 84.21%
∴ the required percentage = 84.21%