RBI Grade B Officers 2016 Sep shift 2 Paper

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Question : 119 of 200
 
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What is the ratio between the marked price of two identical items, P and Q, which had been purchased at the same price?
I. Item P was sold at a profit of 20%, while item Q was sold at a loss of 10%.
II. Item P was sold at a discount of 4%. The percentage by which item Q’s cost price had been marked up is 2.5 times the profit % earned on selling item P.
III. The overall profit earned on selling items P and Q was 5%.
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