IBPS SO Prelims Exam Model Paper 9

Given:
The selling price of an item for A = Rs. 5700
Discount percentage = 5%
Formula:
Profit percentage =

(selling‌price‌–‌cost‌price)

(cost‌price)

× 100
Selling price after discount percentage = marked price ×

(100–‌discount‌percentage)

100

Calculation:
Marked price of an item = 5700 ×

100

95

= Rs. 6000
⇒ Cost price of an item = 6000 ×

100

120

= Rs. 5000
Total selling price of 2 items bought by B = 6000 + 5700 = Rs. 11700
Total cost price of items = 5000 + 5000 = Rs.10000
∴ Required profit percentage =

(11700–10000)

10000

× 100
= 17%