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Directions: Study the following information carefully and answer the questions given below.
Five persons A, B, C, D and E deposited different amounts in SBI and BOB in a day. A deposited Rs.500 more in BOB than the amount he deposited in SBI. Average deposit in BOB of A and B together is Rs.2500, which is equal to the 50% of the deposit amount of C in BOB. Ratio of amount deposited by D in SBI and BOB is 9:11. Amount of C, which he deposited in SBI is double of amount E deposited in SBI. E deposited 50% more in BOB than in SBI. Average amount of deposit of D and E together in SBI is Rs.3250. B’s deposited amount in SBI is five times of the amount he deposited in BOB. Totally Rs.12500 was deposited by A and B together in SBI. C deposited 20% less amount in SBI than the amount he deposited in BOB.
Q. B withdraws the entire amount which he deposited in SBI. With 50% of that amount, he bought a watch. Find the selling price of the watch, if he wants to sale it with 27.5% profit?
  • a)
    Rs.6750
  • b)
    Rs.6620
  • c)
    Rs.6375
  • d)
    Rs.6440
  • e)
    Rs.6250
Correct answer is option 'C'. Can you explain this answer?
Most Upvoted Answer
Directions: Study the following information carefully and answer the ...
Deposit of amount of C in BOB is 5000.
Deposit of amount of C in SBI = 5000 x 80/100 = 4000
Deposit amount of E in SBI = 4000/2 = 2000
Deposit amount of E in BOB is =2000 x 1.5/100 = 3000
Deposit amount of D in SBI is = 3250 x 2 - 2000 = 4500
Deposit amount of D in BOB is = 4500 x 11/9 = 5500
Let, deposit amount of A in SBI is x,
Deposit amount of A in BOB is(x + 500),
Deposit amount of B in BOB = 5000 - (x + 500) = 4500 - x
Deposit amount of B in SBI is = [4500 - x] x 5
So, we can say, [4500 - x] x 5 + x = 12500
Or, 4x = 10000. Or, x = 2500.
Cost price of watch = 10000 x 50/100 = 5000
Selling price of the watch = 5000 x 127.5/100 = Rs.6375
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Directions: Read the passage carefully and select the best answer to each question out of the given five alternatives.In a bid to ensure timely support to depositors of stressed banks, the government may bring amendment to DICGC Act in the monsoon session with the objective to provide account holders easy and time-bound access to funds to the extent of the deposit insurance cover. Last year, the government raised insurance cover on deposit five-folds to Rs 5 lakh with a view to provide support to depositors of ailing lenders like Punjab and Maharashtra Co-operative (PMC) Bank. Following the collapse of PMC Bank, Yes Bank and Lakshmi Vilas Bank NSE 4.79 % too came under stress leading to restructuring by the regulator and the government.The amendment to the Deposit Insurance and Credit Guarantee Corporation (DICGC) Act, 1961 is the budget announcement made by the Finance Minister and the Bill is almost ready, sources said. It is expected that the Bill will be tabled in the upcoming monsoon session after being vetted by the Union Cabinet, sources added. Once the Bill becomes the law, it will provide immediate relief to thousands of depositors who had their money parked in stressed lenders such as PMC Bank and other small cooperative banks.As per the current provisions, the deposit insurance of up to Rs 5 lakh comes into play when the licence of a bank is cancelled and liquidation process starts. DICGC, a wholly-owned subsidiary of the Reserve Bank of India, provides insurance cover on bank deposits. Finance Minister Nirmala Sitharaman in the Budget speech in February said the government had approved an increase in the Deposit Insurance cover from Rs 1 lakh to Rs 5 lakh for bank customers last year. It could not be presented in the Budget session due to curtailment of the last session following the spread of the second wave of COVID-19 pandemic.It is to be noted that the enhanced deposit insurance cover of Rs 5 lakh is effective from February 4, 2020. The increase was done after a gap of 27 years as it was static since 1993. The cover is provided by the Deposit Insurance and Credit Guarantee Corporation (DICGC), a wholly-owned subsidiary of the RBI. With increased insurance cover, the banks are paying a higher premium of 12 paise against 10 paise per Rs 100 deposited without any additional burden on account holders. The deposit insurance scheme covers all banks operating in India, including private sector, cooperative, and even branches of foreign banks. There are some exemptions such as deposits of foreign governments, deposits of central and state governments, and inter-bank deposits.It can be recalled that way back in 2009, the Raghuram Rajan committee on financial sector reforms had recommended strengthening the capacity of the DICGC, a more explicit system of prompt, corrective action, and making deposit insurance premia more risk-based.Q. What is the main reason to make an amendment in the law?

Directions: Study the following information carefully and answer the questions given below.Five persons A, B, C, D and E deposited different amounts in SBI and BOB in a day. A deposited Rs.500 more in BOB than the amount he deposited in SBI. Average deposit in BOB of A and B together is Rs.2500, which is equal to the 50% of the deposit amount of C in BOB. Ratio of amount deposited by D in SBI and BOB is 9:11. Amount of C, which he deposited in SBI is double of amount E deposited in SBI. E deposited 50% more in BOB than in SBI. Average amount of deposit of D and E together in SBI is Rs.3250. B’s deposited amount in SBI is five times of the amount he deposited in BOB. Totally Rs.12500 was deposited by A and B together in SBI. C deposited 20% less amount in SBI than the amount he deposited in BOB.Q. B withdraws the entire amount which he deposited in SBI. With 50% of that amount, he bought a watch. Find the selling price of the watch, if he wants to sale it with 27.5% profit?a)Rs.6750b)Rs.6620c)Rs.6375d)Rs.6440e)Rs.6250Correct answer is option 'C'. Can you explain this answer?
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Directions: Study the following information carefully and answer the questions given below.Five persons A, B, C, D and E deposited different amounts in SBI and BOB in a day. A deposited Rs.500 more in BOB than the amount he deposited in SBI. Average deposit in BOB of A and B together is Rs.2500, which is equal to the 50% of the deposit amount of C in BOB. Ratio of amount deposited by D in SBI and BOB is 9:11. Amount of C, which he deposited in SBI is double of amount E deposited in SBI. E deposited 50% more in BOB than in SBI. Average amount of deposit of D and E together in SBI is Rs.3250. B’s deposited amount in SBI is five times of the amount he deposited in BOB. Totally Rs.12500 was deposited by A and B together in SBI. C deposited 20% less amount in SBI than the amount he deposited in BOB.Q. B withdraws the entire amount which he deposited in SBI. With 50% of that amount, he bought a watch. Find the selling price of the watch, if he wants to sale it with 27.5% profit?a)Rs.6750b)Rs.6620c)Rs.6375d)Rs.6440e)Rs.6250Correct answer is option 'C'. Can you explain this answer? for Banking Exams 2025 is part of Banking Exams preparation. The Question and answers have been prepared according to the Banking Exams exam syllabus. Information about Directions: Study the following information carefully and answer the questions given below.Five persons A, B, C, D and E deposited different amounts in SBI and BOB in a day. A deposited Rs.500 more in BOB than the amount he deposited in SBI. Average deposit in BOB of A and B together is Rs.2500, which is equal to the 50% of the deposit amount of C in BOB. Ratio of amount deposited by D in SBI and BOB is 9:11. Amount of C, which he deposited in SBI is double of amount E deposited in SBI. E deposited 50% more in BOB than in SBI. Average amount of deposit of D and E together in SBI is Rs.3250. B’s deposited amount in SBI is five times of the amount he deposited in BOB. Totally Rs.12500 was deposited by A and B together in SBI. C deposited 20% less amount in SBI than the amount he deposited in BOB.Q. B withdraws the entire amount which he deposited in SBI. With 50% of that amount, he bought a watch. Find the selling price of the watch, if he wants to sale it with 27.5% profit?a)Rs.6750b)Rs.6620c)Rs.6375d)Rs.6440e)Rs.6250Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for Banking Exams 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Directions: Study the following information carefully and answer the questions given below.Five persons A, B, C, D and E deposited different amounts in SBI and BOB in a day. A deposited Rs.500 more in BOB than the amount he deposited in SBI. Average deposit in BOB of A and B together is Rs.2500, which is equal to the 50% of the deposit amount of C in BOB. Ratio of amount deposited by D in SBI and BOB is 9:11. Amount of C, which he deposited in SBI is double of amount E deposited in SBI. E deposited 50% more in BOB than in SBI. Average amount of deposit of D and E together in SBI is Rs.3250. B’s deposited amount in SBI is five times of the amount he deposited in BOB. Totally Rs.12500 was deposited by A and B together in SBI. C deposited 20% less amount in SBI than the amount he deposited in BOB.Q. B withdraws the entire amount which he deposited in SBI. With 50% of that amount, he bought a watch. Find the selling price of the watch, if he wants to sale it with 27.5% profit?a)Rs.6750b)Rs.6620c)Rs.6375d)Rs.6440e)Rs.6250Correct answer is option 'C'. Can you explain this answer?.
Solutions for Directions: Study the following information carefully and answer the questions given below.Five persons A, B, C, D and E deposited different amounts in SBI and BOB in a day. A deposited Rs.500 more in BOB than the amount he deposited in SBI. Average deposit in BOB of A and B together is Rs.2500, which is equal to the 50% of the deposit amount of C in BOB. Ratio of amount deposited by D in SBI and BOB is 9:11. Amount of C, which he deposited in SBI is double of amount E deposited in SBI. E deposited 50% more in BOB than in SBI. Average amount of deposit of D and E together in SBI is Rs.3250. B’s deposited amount in SBI is five times of the amount he deposited in BOB. Totally Rs.12500 was deposited by A and B together in SBI. C deposited 20% less amount in SBI than the amount he deposited in BOB.Q. B withdraws the entire amount which he deposited in SBI. With 50% of that amount, he bought a watch. Find the selling price of the watch, if he wants to sale it with 27.5% profit?a)Rs.6750b)Rs.6620c)Rs.6375d)Rs.6440e)Rs.6250Correct answer is option 'C'. Can you explain this answer? in English & in Hindi are available as part of our courses for Banking Exams. Download more important topics, notes, lectures and mock test series for Banking Exams Exam by signing up for free.
Here you can find the meaning of Directions: Study the following information carefully and answer the questions given below.Five persons A, B, C, D and E deposited different amounts in SBI and BOB in a day. A deposited Rs.500 more in BOB than the amount he deposited in SBI. Average deposit in BOB of A and B together is Rs.2500, which is equal to the 50% of the deposit amount of C in BOB. Ratio of amount deposited by D in SBI and BOB is 9:11. Amount of C, which he deposited in SBI is double of amount E deposited in SBI. E deposited 50% more in BOB than in SBI. Average amount of deposit of D and E together in SBI is Rs.3250. B’s deposited amount in SBI is five times of the amount he deposited in BOB. Totally Rs.12500 was deposited by A and B together in SBI. C deposited 20% less amount in SBI than the amount he deposited in BOB.Q. B withdraws the entire amount which he deposited in SBI. With 50% of that amount, he bought a watch. Find the selling price of the watch, if he wants to sale it with 27.5% profit?a)Rs.6750b)Rs.6620c)Rs.6375d)Rs.6440e)Rs.6250Correct answer is option 'C'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of Directions: Study the following information carefully and answer the questions given below.Five persons A, B, C, D and E deposited different amounts in SBI and BOB in a day. A deposited Rs.500 more in BOB than the amount he deposited in SBI. Average deposit in BOB of A and B together is Rs.2500, which is equal to the 50% of the deposit amount of C in BOB. Ratio of amount deposited by D in SBI and BOB is 9:11. Amount of C, which he deposited in SBI is double of amount E deposited in SBI. E deposited 50% more in BOB than in SBI. Average amount of deposit of D and E together in SBI is Rs.3250. B’s deposited amount in SBI is five times of the amount he deposited in BOB. Totally Rs.12500 was deposited by A and B together in SBI. C deposited 20% less amount in SBI than the amount he deposited in BOB.Q. B withdraws the entire amount which he deposited in SBI. With 50% of that amount, he bought a watch. Find the selling price of the watch, if he wants to sale it with 27.5% profit?a)Rs.6750b)Rs.6620c)Rs.6375d)Rs.6440e)Rs.6250Correct answer is option 'C'. Can you explain this answer?, a detailed solution for Directions: Study the following information carefully and answer the questions given below.Five persons A, B, C, D and E deposited different amounts in SBI and BOB in a day. A deposited Rs.500 more in BOB than the amount he deposited in SBI. Average deposit in BOB of A and B together is Rs.2500, which is equal to the 50% of the deposit amount of C in BOB. Ratio of amount deposited by D in SBI and BOB is 9:11. Amount of C, which he deposited in SBI is double of amount E deposited in SBI. E deposited 50% more in BOB than in SBI. Average amount of deposit of D and E together in SBI is Rs.3250. B’s deposited amount in SBI is five times of the amount he deposited in BOB. Totally Rs.12500 was deposited by A and B together in SBI. C deposited 20% less amount in SBI than the amount he deposited in BOB.Q. B withdraws the entire amount which he deposited in SBI. With 50% of that amount, he bought a watch. Find the selling price of the watch, if he wants to sale it with 27.5% profit?a)Rs.6750b)Rs.6620c)Rs.6375d)Rs.6440e)Rs.6250Correct answer is option 'C'. Can you explain this answer? has been provided alongside types of Directions: Study the following information carefully and answer the questions given below.Five persons A, B, C, D and E deposited different amounts in SBI and BOB in a day. A deposited Rs.500 more in BOB than the amount he deposited in SBI. Average deposit in BOB of A and B together is Rs.2500, which is equal to the 50% of the deposit amount of C in BOB. Ratio of amount deposited by D in SBI and BOB is 9:11. Amount of C, which he deposited in SBI is double of amount E deposited in SBI. E deposited 50% more in BOB than in SBI. Average amount of deposit of D and E together in SBI is Rs.3250. B’s deposited amount in SBI is five times of the amount he deposited in BOB. Totally Rs.12500 was deposited by A and B together in SBI. C deposited 20% less amount in SBI than the amount he deposited in BOB.Q. B withdraws the entire amount which he deposited in SBI. With 50% of that amount, he bought a watch. Find the selling price of the watch, if he wants to sale it with 27.5% profit?a)Rs.6750b)Rs.6620c)Rs.6375d)Rs.6440e)Rs.6250Correct answer is option 'C'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice Directions: Study the following information carefully and answer the questions given below.Five persons A, B, C, D and E deposited different amounts in SBI and BOB in a day. A deposited Rs.500 more in BOB than the amount he deposited in SBI. Average deposit in BOB of A and B together is Rs.2500, which is equal to the 50% of the deposit amount of C in BOB. Ratio of amount deposited by D in SBI and BOB is 9:11. Amount of C, which he deposited in SBI is double of amount E deposited in SBI. E deposited 50% more in BOB than in SBI. Average amount of deposit of D and E together in SBI is Rs.3250. B’s deposited amount in SBI is five times of the amount he deposited in BOB. Totally Rs.12500 was deposited by A and B together in SBI. C deposited 20% less amount in SBI than the amount he deposited in BOB.Q. B withdraws the entire amount which he deposited in SBI. With 50% of that amount, he bought a watch. Find the selling price of the watch, if he wants to sale it with 27.5% profit?a)Rs.6750b)Rs.6620c)Rs.6375d)Rs.6440e)Rs.6250Correct answer is option 'C'. Can you explain this answer? tests, examples and also practice Banking Exams tests.
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