Ram marked the price of an article 25% above its cost price and then gave a 10% discount to a customer. Find the selling price if the cost price is ₹5000.

₹5625
₹5500
₹5275
₹6250

Correct answer: ₹5625

Solution

The marked price is 25% above ₹5000, so it becomes ₹6250. A 10% discount on ₹6250 gives ₹5625, which is the selling price.

Related IBPS PO General Awareness questions

In 2016, Mahesh invested ₹10,000 in the stock market in the ratio 2:3:5 in three companies: Honda, Reliance, and HP. He earned 10% profit on Honda, 25% on Reliance, and 33% on HP. The next year, 2017, instead of investing in three companies, he invested in four companies, and the fourth company was Nokia, in which he invested three times the amount he invested in Reliance in 2016. In 2017, he earned 50% more profit than he earned in 2016 in total, and on Nokia he earned 20% profit. In 2018, he earned 25% more profit than in 2016 on Reliance, 30% more profit than in 2016 on HP, 10% more profit than in 2016 on Honda, and the profit on Nokia was the same as in 2017. Find the total profit earned by Mahesh on Honda, Reliance, and HP in 2017.
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A and B invested ₹x and ₹3000 respectively in a business. After one year, the profit of A is \(\tfrac{1}{6}\) less than the profit of B. What is the value of x?

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