Question Paper from: SBI PO Prelims 2017

Brand C decreased its price of the product to meet its demand to its production. When the price decreased by 10% the demand increased by 25%. If the ratio between the new price and new demand is 18:20 then find the price of the product before the decrease.

INR 4800

INR 4000

INR 3800

INR 3500

INR 2500

Solution:

Chapter Name: Data Interpretation

Difficulty Level: Moderate

$\frac{\frac{90 x}{100}}{3500}$ = $\frac{18}{20}$

$\frac{90 x}{100} \times \frac{1}{3500}$ = $\frac{18}{20}$

$\frac{90 x}{100}$ = $\frac{18}{20} \times 3500$

X = 3500

This has been asked in Question Paper

SBI PO Prelims 2017

Attempt

More Questions From Paper

Chapters. Data Interpretation

Brand B increase its production to meet its demand. With every 250 unit produced the brand increases its price by 20%. If the earlier price of one product was INR 5000 then find the new price of the product.

Chapters. Data Interpretation

The demand for brand C product fell. The new demand is 30% less than its production. Find by what percentage demand fell?

Chapters. Data Interpretation

If the demand for brand D product increase by 45% then to meet the demand production should be increased by what percent?

Chapters. Data Interpretation

The production of brand E and F took together is approx. what percent of total demand of E and F?