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RBI Grade B Phase 1 PYP >> May 28, 2022 - Shift 1 >> Quantitative Aptitude

Question :

Marked price of an article is 1.45 times its cost price. Selling price of the article is Rs.1500. Find the discount percentage if profit percent is 25%.

1. 13(23/29)%

2. 12(14/23)%

3. 13(11/23)%

4. 14(24/29)%

5. 12(28/31)%

Correct Answer : 1
Solution :

Selling price = Rs.1500

Then, cost price = 1500 * 100/(100 + 25) = Rs.1200

And marked price = 1.45 * 1200 = Rs.1740

Let d% discount is given on the marked price of the article. Then,

1500 = (100 - d)% of 1740

25 = (100 - d)/100 * 29

2500 = 2900 - 29d

29d = 400

d = 400/29

d = 13(23/29)%

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