IBPS Clerk Mains 2018 Paper

Given, Commission received by the distributor= ₹700So, the number of Toffees sold by distributor$= \frac{700}{100} \times 50 = 350$Total number of Toffees received by him in the wholestock to sell = 350 + 40 = 390Production cost of each Toffee$= \frac{78000}{390} = \text{₹}200$Marked price of each Toffee = 200 × 1.3 =₹260Total selling price of 350 Toffees= 350 × 200 + 14000 =₹ 84000Selling price of each Toffee$= \frac{84000}{350} = \text{₹} 240$Discount allow by employee (y)$= \frac{260 - 240}{260} \times 100$$= \frac{20}{260} \times 100 = \frac{79}{13}$%(b) Total stock which another distributor sold= (350 + 450) = 800Total commission received by another distributor$= \frac{800}{50} \times 100 = \text{₹}1600$New cost price of one Toffee$= 200 + \frac{1600}{800} = \text{₹} 202$