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IBPS Clerk Prelims Model Paper 18
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© examsnet.com
Question : 51
Total: 100
A rice trader buys 20 quintals of rice for ₹ 8,580. However, 22% rice is lost in transportation. At what rate should he sell to earn 20% profit?
₹ 278.8 per quintal
₹ 514.8 per quintal
₹ 660 per quintal
₹ 654.2 per quintal
None of these
Validate
Solution:
Cost price of 20 quintal rice = ₹ 8580
left rice =
20
×
78
100
=
1560
100
= 15.60 quintal
The trader wants 20% profit,
SP =
120
100
× 8580
= 858 × 12 = ₹ 10296
Rate/quintal of rice =
10296
5.60
=
102960
156
= ₹ 660 per quintal
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