New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    50 books can be purchased for a certain

    sum payable at the end of a year and 60 such books can be purhased for the same amount if cash payment is made. The discount percent is: (a) 10% (b) 15% (c) `16 2/3%` (d)20%
    A (a) Correct Answer Incorrect Answer
    B (b) Correct Answer Incorrect Answer
    C (c) Correct Answer Incorrect Answer
    D (d) Correct Answer Incorrect Answer

    Solution

    Let the c.p. of a book be = Re. 1 c.p. of 50 books = Rs. 50 and c.p. of 60 books = Rs. 60 credit price of 50 book = Rs. 60 discount = Rs. 60 - 50 = Rs. 10 and discount percent =

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