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Directions
In each of the following questions, a question is followed by information given in three statements. You have to study the question along with the statement and decide the information given in which of the statements is necessary to answer the question. 
Q. What is the profit percent or loss percent incurred in the transaction?
I. 5% discount is given on the marked price.
II. Cost price is 10% more than the marked price.
III. Selling price of the article is Rs. 22,800
  • a)
    I and II together or only III alone
  • b)
    Only I and III
  • c)
    Only I and II
  • d)
    All I, II and III
  • e)
    None of these
Correct answer is option 'D'. Can you explain this answer?
Verified Answer
DirectionsIn each of the following questions, a question is followed b...
From (I) & (III)
MP = 22,800×100/95 = Rs. 24,000 ………...(i)
From (II),
CP = 24,000 × 110/100 = Rs. 26,400 …………(ii)
From (i) and (ii),
∴ Loss % = (26400- 22800)/26400× 100 = 13.6% approx.
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DirectionsIn each of the following questions, a question is followed by information given in three statements. You have to study the question along with the statement and decide the information given in which of the statements is necessary to answer the question.Q.What is the profit percent or loss percent incurred in the transaction?I. 5% discount is given on the marked price.II. Cost price is 10% more than the marked price.III. Selling price of the article is Rs. 22,800a)I and II together or only III aloneb)Only I and IIIc)Only I and IId)All I, II and IIIe)None of theseCorrect answer is option 'D'. Can you explain this answer?
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DirectionsIn each of the following questions, a question is followed by information given in three statements. You have to study the question along with the statement and decide the information given in which of the statements is necessary to answer the question.Q.What is the profit percent or loss percent incurred in the transaction?I. 5% discount is given on the marked price.II. Cost price is 10% more than the marked price.III. Selling price of the article is Rs. 22,800a)I and II together or only III aloneb)Only I and IIIc)Only I and IId)All I, II and IIIe)None of theseCorrect answer is option 'D'. Can you explain this answer? for Banking Exams 2024 is part of Banking Exams preparation. The Question and answers have been prepared according to the Banking Exams exam syllabus. Information about DirectionsIn each of the following questions, a question is followed by information given in three statements. You have to study the question along with the statement and decide the information given in which of the statements is necessary to answer the question.Q.What is the profit percent or loss percent incurred in the transaction?I. 5% discount is given on the marked price.II. Cost price is 10% more than the marked price.III. Selling price of the article is Rs. 22,800a)I and II together or only III aloneb)Only I and IIIc)Only I and IId)All I, II and IIIe)None of theseCorrect answer is option 'D'. Can you explain this answer? covers all topics & solutions for Banking Exams 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for DirectionsIn each of the following questions, a question is followed by information given in three statements. You have to study the question along with the statement and decide the information given in which of the statements is necessary to answer the question.Q.What is the profit percent or loss percent incurred in the transaction?I. 5% discount is given on the marked price.II. Cost price is 10% more than the marked price.III. Selling price of the article is Rs. 22,800a)I and II together or only III aloneb)Only I and IIIc)Only I and IId)All I, II and IIIe)None of theseCorrect answer is option 'D'. Can you explain this answer?.
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