Thursday, 16 January 2014

Question of the Day No. 13

If the cost price of 12 pens is equal to the selling price of 8 pens, Find the gain % ?

a) 25%    b) 10%    c) 45%    d) 50%    e) 48%

Answers and Explanations are welcome in comments

The Correct Answer will be Given Tomorrow

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2 comments:

  1. Anonymous18 January 2014 at 06:27

    Answer naal dya kro .... kal toa exam hai.. paper chae aa gya fer ??? :D :p

    ReplyDelete
  2. IBSBANKCOACHING18 January 2014 at 07:35

    Answer and Explanation of Question No. 13

    Correct Answer is 50%
    Explanation

    Let Cost Price of 12 Pens is Rs. 1 and Selling Price of 8 Pens.

    Then Cost Price of Each Pen is 1/12 and Selling Price of Each Pen is 1/8
    Profit = SP-CP (1/8 - 1/12)
    Profit = 1/24
    Profit% = (P/CP)*100
    Profit% = (1/24 / 1/12 *100) = 50%

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