IBPS Clerk Mains 2018 Paper

DIRECTIONS (Qs. 96-100): Read the data carefully and answer the questions. Alfa Ltd. is the producer of Toffee and it used to sell Toffee through distributor on a condition that on selling the stock of every 50 Toffee, he will get ₹ 100 as commission. The distributor is responsible to sell all those Toffees to retailers. If he marks the Toffee at the price which is 30% above the production cost (cost price) and allows a discount of Y%, he sells total of ‘X’ Toffees which is 40 less than total received stock by him. Total production price of whole stock of Toffees received by him to sell to retailers is₹ 78 thousands. The commission received by distributor is ₹700 and he made a profit of ₹ 14 thousands on selling the Toffees.