This section includes InterviewSolutions, each offering curated multiple-choice questions to sharpen your knowledge and support exam preparation. Choose a topic below to get started.
| 6401. |
Find out and list the benefits of E – Governance to Public.Need not to wait in government offices for services. |
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| 6402. |
“Back offices provide many administrative and support services to the front office of a bank”. What are the functions performed by the back offices in a bank? |
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Answer» Functions of the Back office: The functions carried out by the Back office are: 1. Sending statements to clients on mail and at the addresses provided if required. 2. Resolving clients‟ queries 3. Processing clients‟ standing instructions 4. Checking and Opening Clients‟ accounts as per the details provided. 5. Issuance of cheque books to clients 6. Cheque clearing 7. Positioning for all Bank products viz. cheques, cards, personal loan, mortgage loan etc. |
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| 6403. |
What should come in place of the question mark (?) in the following number series.70000 14000 2800 ? 112 22.4 (a) 640 (b) 420 (c) 560 (d) 540 (e) None of these |
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Answer» (c) The series is as follows: ÷ 5 |
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| 6404. |
What should come in place of the question mark (?) in the following number series.22 23 27 36 52 77 ? (a) 111 (b) 109 (c) 113 (d) 117 (e) 115 |
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Answer» (c) The given number series is based on the following pattern: |
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| 6405. |
What will come in place of question mark (?) in the following number series?7, 11, 20, 36, ?, 971. 572. 613. 644. 695. None of these |
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Answer» Correct Answer - Option 2 : 61 Calculation: 7 + 22 = 11 11 + 32 = 20 20 + 42 = 36 36 + 52 = 61 61 + 62 = 97 ∴ The missing number is 61. |
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| 6406. |
What should come in place of the question mark (?) in the following number series?5, 10, 13, 26, 29, 58, ?, 122 (a) 60 (b) 61 (c) 111 (d) 91 (e) None of these |
| Answer» (b) Add 3 after doubling the previous number. | |
| 6407. |
What will come in place of question mark (?) in the following series?4, 12, 36, ?, 324, 972 1. 1042. 1083. 1104. 116 |
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Answer» Correct Answer - Option 2 : 108 Calculation: The series follows following pattern: ⇒ 4 × 3 = 12 ⇒ 12 × 3 = 36 ⇒ 36 × 3 = 108 ⇒ 108 × 3 = 324 ⇒ 324 × 3 = 972 ∴ The value of ? is 108 |
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| 6408. |
What should come in place of the question mark (?) in the following number series.7 26 63 124 215 ? (a) 330 (b) 321 (c) 342 (d) 356 (e) 339 |
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Answer» (c) 7 = 23 – 1 |
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| 6409. |
‘‘Mathematics is the language in which God has written the universe.’’ It is quoted by1. Galileo2. Plato3. Einstein4. None of them |
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Answer» Correct Answer - Option 1 : Galileo The teaching and learning of mathematics have always been a major concern in education. The National Policy of Education (1986) lays down the importance of "mathematics" as a vehicle for developing creativity.
Hence, ‘‘Mathematics is the language in which God has written the universe.’’ is quoted by Galileo. |
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| 6410. |
"Things are numbers" is quoted by1. Euler2. Archimedes3. Pythagoras4. None of them |
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Answer» Correct Answer - Option 3 : Pythagoras Mathematics is the study of geometrical figures, their co-relation, and their dependency on each other. It deals with quantity, measurement, and spatial relationships.
Hence, it could be concluded that "things are numbers" is quoted by Pythagoras. |
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| 6411. |
What will come in place of question mark (?) in the following series?7, 8, 0, 1, ?, - 61. -32. -43. -54. -7 |
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Answer» Correct Answer - Option 4 : -7 Series pattern Given series 7 7 ⇒ 7 + (1)3 8 ⇒ 8 - (2)3 0 ⇒ 0 + (1)3 1 ⇒ 1 - (2)3 - 7 ⇒ - 7 + (1)3 - 6 |
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| 6412. |
‘‘Mathematics is the gateway and key to all sciences.’’ It is quoted by1. Plato2. Bacon3. Young4. None of them |
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Answer» Correct Answer - Option 2 : Bacon Mathematics is the study of numbers, shapes, quantities, and patterns. Mathematics is the ‘queen of all sciences and its presence is there in all the subjects. It acts as the basis and structure of other subjects. According to Bacon, ‘‘Mathematics is the gateway and key to all sciences.’’ Science and mathematics
Hence, we can conclude that the above statement is quoted by Bacon
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| 6413. |
What will come in place of question mark (?) in the given series:7055, 7223, 7393, 7565, ?, 79151. 62002. 69843. 77394. 77705. 6500 |
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Answer» Correct Answer - Option 3 : 7739
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| 6414. |
If the class mid points in a frequency distribution of a group of persons are: 125, 132, 139, 146, 153, 160, 167, 174, 181 pounds, then the size of the class is:a) 6b) 8c) 7 d) 9 |
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Answer» If the class mid points in a frequency distribution of a group of persons are: 125, 132, 139, 146, 153, 160, 167, 174, 181 pounds, then the size of the class is 7. |
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| 6415. |
What will come in place of question mark (?) in the following series?8, 19, 30, ?, 52, 631. 322. 413. 144. 21 |
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Answer» Correct Answer - Option 2 : 41 Series pattern. Given series 8 8 8 + 11= 19 19 + 11 = 30 30 + 11 = 41 41 + 11 = 52 52 + 11 = 63 |
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| 6416. |
What will come in place of question mark (?) in the given series:132, 139, 153, 174, 202, ?, 2791. 2002. 1703. 2604. 2205. 237 |
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Answer» Correct Answer - Option 5 : 237 The series follows the following pattern: 132 + 7 = 139 139 + 14 = 153 153 + 21 = 174 174 + 28 = 202 202 + 35 = 237 237 + 42 = 279 ∴ The missing term in the series is 237. |
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| 6417. |
What will come in place of question mark (?) in the following number series?3, 19, 96, 385, 1156, ?1. 23132. 23113. 22334. 23005. 2213 |
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Answer» Correct Answer - Option 1 : 2313 Calculation: The series follows the following pattern. ⇒ (19 - 3) × 6 = 96 ⇒ (96 - 19) × 5 = 385 ⇒ (385 - 96) × 4 = 1156 ⇒ (1156 - 385) × 3 = 2313 |
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| 6418. |
What should come in place of the question mark '?' in the following number series?6, 9, 15, 24, ?, 631. 392. 293. 354. 34 |
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Answer» Correct Answer - Option 1 : 39 Calculation: 6 + 9 = 15 9 + 15 = 24 15 + 24 = 39 24 + 39 = 63 The Correct option is 1 i.e. 39 |
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| 6419. |
In each of the following number series, the wrong number is given, find out that number.14, 28, 56, 98, 196, 2661. 282. 563. 984. 2665. 196 |
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Answer» Correct Answer - Option 5 : 196 Considering the given series 14, 28, 56, 98, 196, 266 The logic of the given series can be explained as 14 + 14 × 1 = 28 28 + 14 × 2 = 56 56 + 14 × 3 = 98 98 + 14 × 5 = 168 168 + 14 × 7 = 266 ∴ Wrong term in given number series is 196. |
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| 6420. |
What will come in place of question mark (?) in the following number series?0.5, 1.5, 5, ?, 76, 3851. 102. 123. 184. 145. 16 |
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Answer» Correct Answer - Option 3 : 18 Given: The number series: 0.5, 1.5, 5, ?, 76, 385 Concept Used: Number series following a fixed pattern. Calculation; The given number series follows the pattern: 0.5 × 1 + 1 = 1.5 1.5 × 2 + 2 = 5 5 × 3 + 3 = 18 18 × 4 + 4 = 76 76 × 5 + 5 = 385 ∴ The number coming in place of “?” in the given number series is 18 |
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| 6421. |
What should come in place of the question mark '?' in the following number series?11, 23, 37, 53, 71, ?1. 832. 913. 934. 985. 87 |
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Answer» Correct Answer - Option 2 : 91 Calculation∶ The series follows following pattern 9 × 1 + 2 = 11 10 × 2 + 3 = 23 11 × 3 + 4 = 37 12 × 4 + 5 = 53 13 × 5 + 6 = 71 14 × 6 + 7 = 91 ∴ The value of ? is 91 |
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| 6422. |
What will come in place of question mark (?) in the following series?3, 10, 41, 162, ? 25941. 6492. 2563. 6564. 676 |
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Answer» Correct Answer - Option 1 : 649 Series pattern Given series 3 3 3 × 4 - 2 =10 10 × 4 + 1 = 41 41 × 4 - 2 =162 162 × 4 + 1 = 649 649 × 4 - 2 = 2594 |
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| 6423. |
In the following number series, a wrong number is given. Find out the wrong number.10, 11, 24, 75, 303, 15251. 242. 113. 3034. 15255. 75 |
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Answer» Correct Answer - Option 3 : 303 The series follows the following pattern: 10 × 1 + 1 = 11 11 × 2 + 2 = 24 24 × 3 + 3 = 75 75 × 4 + 4 = 304 304 × 5 + 5 = 1525 |
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| 6424. |
In the following number series, a wrong number is given. Find out the wrong number.24, 8, 12, 18, 36, 901. 182. 363. 124. 85. 24 |
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Answer» Correct Answer - Option 4 : 8 Considering the given series 24, 8, 12, 18, 36, 90 The logic of the given series can be explained as 24 × 0.5 = 12 12 × 1 = 12 12 × 1.5 = 18 18 × 2 = 36 36 × 2.5 = 90 ∴ Wrong term in given number series is 8. |
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| 6425. |
Pipe A alone can empty the tank in 12 hours while pipe B alone can fill the tank in 24 hours and pipe C alone can fill the tank in 16 hours. In what time tank gets filled if all three pipes are opened simultaneously?1. 24 hours2. 72 hours3. 16 hours4. 48 hours5. 50 hours |
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Answer» Correct Answer - Option 4 : 48 hours GIVEN : Pipe A alone can empty the tank in 12 hours Pipe B alone can fill the tank in 24 hours and pipe C alone can fill the tank in 16 hours CONCEPT : Pipe & Cistern (Negative work) CALCULATION : Pipe A's 1 hour's work = 1/12 Pipe B's 1 hour's work = 1/24 Pipe C's 1 hour's work = 1/16 Pipe (A + B + C)'s 1 hours work = 1/24 + 1/16 - 1/12 = 1/48 ∴ In 48 hours tank will be completely filled. |
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| 6426. |
In each of the following number series, the wrong number is given, find out that number.2, 6, 12, 17, 24, 32, 411. 122. 173. 414. 325. 6 |
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Answer» Correct Answer - Option 1 : 12 Calculation: The given number series follows this pattern: 2 + 4 = 6 6 + 5 = 11 11 + 6 = 17 17 + 7 = 24 24 + 8 = 32 32 + 9 = 41 ∴ The wrong number in the given number series is 12 |
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| 6427. |
What will come in place of question mark (?) in the following number series?5, 19, 41, 71, ?1. 52. 193. 414. 1095. 115 |
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Answer» Correct Answer - Option 4 : 109 Calculation∶ The series follows following pattern 1 × 3 + 2 = 5 3 × 5 + 4 = 19 5 × 7 + 6 = 41 7 × 9 + 8 = 71 9 × 11 + 10 = 109 ∴ The value of ? is 109 |
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| 6428. |
Find the next number in the following series.22, 76, 31, 101, __1. 902. 403. 674. 41 |
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Answer» Correct Answer - Option 2 : 40 Concept used: The series follows following pattern Calculation: 22 + 32 = 31 76 + 52 = 101 31 + 32 = 40 101 + 52 = 126 ∴ The next number in the series will be 40 |
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| 6429. |
Direction: In the following number series, a wrong number is given. Find out the wrong number.6, 3, 4.5, 6, 24, 1921. 62. 33. 4.54. 1925. 24 |
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Answer» Correct Answer - Option 3 : 4.5 Calculation: The series follows the following pattern 6 6 × 0.5 = 3 3 × 1 = 3 3 × 2 = 6 6 × 4 = 24 24 × 8 = 192 ∴ The wrong number in the series is 4.5. |
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| 6430. |
In the following number series, a wrong number is given. Find out the wrong number.4, 14, 34, 66, 1541. 1542. 343. 664. 45. 14 |
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Answer» Correct Answer - Option 3 : 66 The pattern of given series can be explained as: 4 + 10 = 14 14 + 20 = 34 34 + 40 = 74 ≠ 66 74 + 80 = 154 ∴ The wrong term is 66. |
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| 6431. |
Fill in the blank from given options:- 39, 41, 43, 45, (__).1. 512. 473. 534. 49 |
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Answer» Correct Answer - Option 2 : 47 Calculation: The series follows following pattern ⇒ 39 + 2 = 41 ⇒ 41 + 2 = 43 ⇒ 43 + 2 = 45 ⇒ 45 + 2 = 47 ∴ The required answer is 47 |
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| 6432. |
In each of the following number series, the wrong number is given, find out that number.5, 23, 43, 66, 94, 1311. 1312. 663. 944. 235. 5 |
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Answer» Correct Answer - Option 1 : 131 Considering the given series 5, 23, 43, 66, 94, 131 The logic of the given series can be explained as
∴ Wrong term in given number series is 131. |
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| 6433. |
In each of the following number series, the wrong number is given, find out that number.4, 6, 11, 18, 34, 661. 662. 343. 114. 185. 4 |
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Answer» Correct Answer - Option 3 : 11 Calculation: The given number series follows this pattern: 3 + 20 = 4 4 + 21 = 6 6 + 22 = 10 10 + 23 = 18 18 + 24 = 34 34 + 25 = 66 ∴ The wrong number in the given series is 11 |
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| 6434. |
Find the wrong term in the following number series.288, 359, 440, 525, 620, 7231. 3592. 4403. 6204. 7235. 288 |
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Answer» Correct Answer - Option 2 : 440 Given: 288, 359, 440, 525, 620, 723 Calculation: ⇒ (172 - 1) = 288 ⇒ (192 - 2) = 359 ⇒ (212 - 3) = 438 ⇒ (232 - 4) = 525 ⇒ (252 - 5) = 620 ⇒ (272 - 6) = 723 ∴ The wrong term is 440. |
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| 6435. |
A train is moving at a speed of 132 km/hr. If the length of the train is 110 metres, how long will it take to cross a railway platform 165 metres long? |
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Answer» Speed of train = 132 *(5/18) m/sec = 110/3 m/sec. Distance covered in passing the platform = (110 + 165) m = 275 m. Time taken =275 *(3/110) sec =15/2 sec = 7 1/2 sec |
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| 6436. |
A train 100 m long is running at the speed of 30 km / hr. Find the time taken by it to pass a man standing near the railway line. |
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Answer» Speed of the train = (30 x 5/18) m / sec = (25/3) m/ sec. Distance moved in passing the standing man = 100 m. Required time taken = 100/(25/3) = (100 *(3/25)) sec = 12 sec |
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| 6437. |
Two trains 137 metres and 163 metres in length are running towards each other on parallel lines, one at the rate of 42 kmph and another at 48 kmph. In what time will they be clear of each other from the moment they meet? |
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Answer» Relative speed of the trains = (42 + 48) kmph = 90 kmph =(90*5/18) m / sec = 25 m /sec. Time taken by the trains to'pass each other = Time taken to cover (137 + 163) m at 25 m /sec =(300/25) sec = 12 sec |
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| 6438. |
What will come in place of question mark (?) in the following number series?34 17 17 34 ?1. 512. 683. 1364. 855. 102 |
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Answer» Correct Answer - Option 3 : 136 Given: Given series is 34 17 17 34 ? 1/2 , 1 , 2 , 4 , 8 , 16 Since it is started from 1/2 we are multiplying each term, so 3 will not come as multiplying factor. Calculation: First step ⇒ 34 × 0.5 ⇒ 17 Second step ⇒ 17 × 1 ⇒ 17 Third step ⇒ 17 × 2 ⇒ 34 So on, Fourth step ⇒ 34 × 4 ⇒ 136 ∴ The required missing number is 136. |
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| 6439. |
What should come in place of the question mark '?' in the following number series?21, 34, 55, 89, ?, 2331. 1442. 1373. 1264. 1645. 135 |
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Answer» Correct Answer - Option 1 : 144 Calculation∶ The series follows following pattern 21 + 13 = 34 34 + 21 = 55 55 + 34 = 89 89 + 55 = 144 144 + 89 = 233 ∴ The value of ? is 233 |
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| 6440. |
A person sells a pen for Rs. 2000 and thus bears a loss of 20%. Find the gain or loss percentage if he sells the pen at Rs. 2250.1. 10% profit2. 10% loss3. 15% profit4. 15% loss |
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Answer» Correct Answer - Option 2 : 10% loss GIVEN: Loss = 20% when SP = Rs. 2000 FORMULA USED: Profit = [(SP - CP)/CP] × 100 Loss = [(CP - SP)/CP] × 100 CALCULATION: Since loss is of 20% we can calculate CP as: 20 = [(CP - 2000)/CP] × 100 ⇒ CP = 2000/0.8 = 2500 Now he sells the pen at Rs. 2250: So, Loss % = [(2500 - 2250)/2500] × 100 = 25000/2500 Loss % = 10% |
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| 6441. |
A person sells his watch at a cost of Rs. 2250 and thus incurs a loss, now due to unavoidable circumstances he has to sell his watch at Rs. 2000 and now his loss % increases by 10%. Find the cost price of the watch?1. 30002. 35003. 25004. 2750 |
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Answer» Correct Answer - Option 3 : 2500 GIVEN: A person sells his watch at a cost of Rs. 2250 and thus incurs a loss. If he has to sell his watch at Rs. 2000 and his loss % increases by 10%. CONCEPT: FORMULA USED: SP = CP × [1 – Loss/100] CALCULATION: When selling the watch for Rs. 250 less he incurs an extra loss of 10% then we can say that 10% of CP = 250 ⇒ CP = Rs. 2500 |
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| 6442. |
In a certain store, the profit is 210% of the cost. If the cost increases by 40% but the selling price remains constant, approximately what % of the selling price is the profit?1. 48%2. 55%3. 50%4. 45% |
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Answer» Correct Answer - Option 2 : 55% GIVEN: In a certain store, the profit is 210% of the cost. CONCEPT: FORMULA USED: Profit on the selling price = [(SP – CP)/SP] × 100 CALCULATION: Let Cost price = Rs. 100 Then, Profit = Rs. 210, So, Selling price = Rs. 310 New CP = 140% of Rs. 100 = Rs. 140 New SP = Rs. 310 Hence, Profit = Rs. (310 – 140) = Rs. 170 ∴ Required percentage = (170/310) × 100 = 54.83 = 55% (Approx.) |
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| 6443. |
In a certain store, the profit is 320% of the cost, If the cost increase by 25% but the selling price remains constant, approximately what percentage of the selling price is the profit ?1. 70%2. 80%3. 250%4. 50% |
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Answer» Correct Answer - Option 1 : 70% Given The profit percentage = 320% of CP Formula Used Profit% = (Profit/CP) × 100 Calculation Let the cost price be 100x so, Profit = 320% of 100x = 320x then, selling price = 420x Now, cost price increased by 25% New, Cost price = 125x New Profit = 420x - 125x = 295x Profit percent on selling price = (295x/420x) × 100 = 70% ∴ The required percentage is 70%
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| 6444. |
The area of a rectangular garden of length 40 m, is 1000 sq m. Find the breadth of the garden and its perimeter. The garden is to be enclosed by 3 rounds of fencing, leaving an entrance of 4 m. Find the cost of fencing the garden at a rate of Rs 250 per metre. |
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Answer» Length of the rectangular garden = 40 m Area of the rectangular garden = 1000 sq. m. ∴ length × breadth = 1000 ∴ 40 × breadth = 1000 ∴ breadth = 1000/40 = 25 m Now, perimeter of the rectangular garden = 2 × (length + breadth) = 2 (40 + 25) = 2 × 65 = 130 m Length of one round of fence = circumference of garden – width of the entrance = 130 – 4 = 126 m ∴ Total length of fencing = length of one round of wire × number of rounds = 126 × 3 = 378 m ∴ Total cost of fencing = Total length of fencing × cost per metre of fencing = 378 × 250 = 94500 ∴ The cost of fencing the garden is Rs 94500. |
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| 6445. |
Labeled price of cotton yarn is Rs. 3,500, cloth merchant allows a discount of 10%. Calculate the cost price of cotton yarn if the whole transaction was at Rs. 250 profit on selling price.1. Rs. 3,4502. Rs. 3,2503. Rs. 2,9004. Rs. 3,150 |
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Answer» Correct Answer - Option 3 : Rs. 2,900 Given: Discount on labeled price = 10% Labeled price of yarn = Rs. 3500 Profit on selling price = Rs. 250 Formula used: Discount = Labeled price × (100 – Discount%)/100 Selling price = Labeled price – Discount Selling price = Cost price + Profit Calculations: Calculating discount amount first ⇒ Discount = (10 ÷ 100) × Rs. 3,500 ⇒ Discount = Rs. 350 ⇒ Selling price = Rs. 3,500 – Rs. 350 ⇒ S.P. = Rs. 3,150 ⇒ C.P. = Rs. 3,150 – Rs. 250 ⇒ C.P. = Rs. 2,900 ∴ Cost price of the yarn is Rs. 2,900 |
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| 6446. |
A trader sells products at 25% less on cost price but weighs 600 gram instead of 1000 gram. What is his profit or loss percent?1. 12%2. 24%3. 25%4. 40% |
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Answer» Correct Answer - Option 3 : 25% Given: Selling price = cost price – 25% of cost price Calculation: Let the cost price for 1000 gram = Rs. 1000 Selling price of 1000 gram = Rs. 750 But, due to false weighing Selling price of 600 gram = Rs. 750 Cost price of 600 gram = Rs. 600 So, there is a profit Profit = Rs. 750 – Rs. 600 ⇒ Rs. 150 Profit% = [(150/600) × 100]% ⇒ 25% |
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| 6447. |
If X sells an article to Y at 20% profit, that particular article is further sold at Rs 1500 to Z. Y’s gain in that transaction is 25%. Calculate cost price of the article at X.1. Rs 22502. Rs 25003. Rs 10004. Rs 30005. Rs 1500 |
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Answer» Correct Answer - Option 3 : Rs 1000 Given: X to Y = 20% profit Y to Z = 25% profit Final C.P. = Rs 1500 Formula used: S.P. = C.P. + Gain S.P. = C.P. – Loss Profit% = (Profit/C.P.) × 100 Calculation: Let, an unit = X ⇒ P sells at 1/5 profit. Hence, C.P. = 5 × X and S.P. = 6 × X ⇒ Q sells at 1/4 profit. Hence, C.P. = 4 × X and S.P. = 5 × X ⇒ Cost price of X = (5 × 4 × X) ⇒ Cost price of Z = (6 × 5 × X) ⇒ C.P. of Z = 30 × X and C.P. of X = 20 × X Now, final C.P. = 1500 ⇒ 30 × X = 1,500 ⇒ X = 50 ⇒ C.P. of X = 20 × 50 ⇒ C.P. of X = 1000 ∴ Cost price of article at X is Rs 1000 |
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| 6448. |
A trader sells an article at Rs. 3200 with 20% loss. What will be the selling price of article if trader gains 25%?1. Rs. 50002. Rs. 35003. Rs. 40004. Rs. 4700 |
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Answer» Correct Answer - Option 1 : Rs. 5000 Given: Selling price at 20% loss = Rs. 3200 Calculations: Selling price at 20% loss = Rs. 3200 ⇒ At (100 - 20)% = 80% , selling price = Rs. 3200 ⇒ At (100 + 25)% = 125%, selling price = Rs. 3200 × (125/80) ⇒ At (100 + 25)% = 125%, selling price = Rs. 5000 ∴ The selling price of article when sold at 25% gain is Rs. 5000. |
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| 6449. |
A sold an article to B at a profit of 20%, B sold that article to C at a profit of 10% and C sells that article to A again at a loss of 25%. What is the total profit percentage of A?1. 20%2. 24%3. 21%4. 25% |
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Answer» Correct Answer - Option 3 : 21% GIVEN: A sold an article to B at a profit of 20%, B sold that article to C at a profit of 10% and C sells that article to A again at a loss of 25%. FORMULA USED: SP = CP × (1 - Loss %/100) SP = CP × (1 + Profit %/100) CALCULATION: Let the CP for A be 100 So, SP for A and CP for B = 100 × 1.2 = 120 SP for B and CP for C = 120 × 1.1 = 132 SP for C and CP for A = 132 × 0.75 = 99 Now if we take a look at the three transactions we will find out CP for A is 99 and SP for A is 120 so profit is 21. But this profit percentage will be calculated at the original CP for A that is Rs. 100 So Profit% = 21/100 × 100 = 21% |
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| 6450. |
A trader sold a truck at a loss of 6%. If he sold it for Rs. 15750 more, he would have gained 15%. What is the cost price of the truck?1. Rs. 750002. Rs. 80,0003. Rs. 45,0004. Rs. 50,000 |
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Answer» Correct Answer - Option 1 : Rs. 75000 Given∶ Loss = 6% Formula used∶ Selling price = cost price – loss Selling price = cost price + profit Calculation∶ Let the cost price is Rs. x Selling price = x – 6% of x ⇒ 94x/100 New selling price = x + 15% of x ⇒ (94x/100) + 15750 = x + 15% of x ⇒ (94x/100) – (115x/100) = -15750 ⇒ 21x/100 = 15750 ⇒ x = Rs. 75,000 ∴ The cost price is Rs. 75,000. |
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