**Sample questions for Placement Papers – Latest Pattern Question 2**

A retailer buys 40 pens at a marked price of 36 pens from a
wholesaler. If he sells these pens giving a discount of 1%, what is his profit
percent?

a)12
% b)10% c)
15 % d). 16 %

**Answer: B****Explanation:**
Let
the marked price of each pen be Re. 1.

Then, C.P. of 40 pens = Rs. 36.

Then, C.P. of 40 pens = Rs. 36.

After
offering 1% discount on marked price , S.P. of 40 pens = 99% of Rs. 40

= Rs. 39.60.

Profit = SP –CP = RS 39.6- 36 = 3.6

= Rs. 39.60.

Profit = SP –CP = RS 39.6- 36 = 3.6

=>
Profit% = [$\frac{3.6}{36}$
* 100]%

= 10%.

**Sample questions for Placement Papers – Latest Pattern Question 2**

A person brought two clocks. the cost price of
one of them exceeds the cost of the other by 1/4th. He sold the dearer one at a
gain of 10% ,on the other at a gain of 7.5% and thus got Rs 98 in all as S.P.
Find the cost Price of the cheaper one.

a) Rs 30 b)Rs 35 c)Rs 40 d)Rs 50

a) Rs 30 b)Rs 35 c)Rs 40 d)Rs 50

Answer C

Explanation: Let CP of cheaper clock be C

The cost price of dearer one exceeds the cost of the cheaper one by 1/4

^{th}.
Then cost price of dearer becomes 5C/4

Cheaper once C sold at 7.5% profit and Dearer one sold at 10% gain

Cheaper once C sold at 7.5% profit and Dearer one sold at 10% gain

Total SP
of two clocks = Rs 98

=>C X
$\frac{107.5}{100}$
+ $\frac{5C}{4}$
X $\frac{110}{100}$
= 98

=> 430
C + 550 C = 98 x 400

=> C=40

Cost price of the
cheaper one = Rs 400