Test Index

IBPS PO Mains 30 Nov 2024 Shift 2 Paper

Question Numbers: 147-151

Directions: Read the following information carefully and answer the questions based on it.

The line graph given below shows the profit percentage and discount percentage of five different articles. The table given shows the cost price of each items.

Articles	Cost price
A	1050
B	1600
C	1720
D	1800
E	900

Question : 147 of 155

Marks: +1, -0

Find the average selling price of A and C.

₹1,888
₹2,111
₹2,095
₹2,246
None of these

Validate

Solution:

Concept:

Selling price is found from cost price and profit percentage. Average is the sum of values divided by the number of values.

Explanation:

For article A: Cost Price = ₹1,050 and Profit = 40%.

SP_A = 1050 \times \frac{140}{100} = \text{Rs. }1,470

For article C: Cost Price = ₹1,720 and Profit = 60%.

\mathrm{SP}_C = 1720 \times \frac{160}{100} = \text{Rs. }2,752

Now, average selling price of A and C is:

\text{Average } SP = \frac{1470 + 2752}{2} = \frac{4222}{2} = \text{Rs. }2{,}111

Answer:

₹2,111 (Option B)

Go to Question:

Prev Question

Next Question