The income of a broker remains unchanged though the rate of the commission is increased from 3% to 4%. The percentage of slump in business is:

1:

20%

2:

25%

3:

30%

4:

40%

5:

45%

Let the business value change from x to y.

Then, 3% of x = 4% of y ⇒ $1003 ×x$ = $1004 ×y$

⇒ 3x = 4y ⇒ y = $43 x$

Decrease in business = $(x−43 x)$ = $4x $

Percentage slump in business = $(4x ×x1 ×100)$% = 25%

This has been asked in Question Paper

SBI PO Prelims 2017

AttemptMore Questions From Paper

Chapters. Boats and Stream

A boat goes 24 km upstream and 28 km downstream in 6 hours. It goes 30 km upstream and 21 km downstream in 6 hours and 30 minutes. The speed of the boat in still water is:

Chapters. Ratio and Proportion

In a 40 liters mixture of acetic acid and sodium acetate are in the ratio 3:1, find the amount of sodium acetate solution to be added to make the ratio 2:3.

Chapters. Problems on Ages

The difference between the present ages of Amit and Sushil is 6 years. The ratio between their ages after 4 years will be 3 : 4 What can be the present age of Sushil?

Chapters. inequalities

Which ofthe following symbols should replacethe $ and # in the given expression in order to make the expression L ≥ S and N > T isdefinitely true?

N > O ≤ L = P $ T, H > M ≤ T # S < N

Chapters. Compound Interest

A sum of Rs. 91,000 is borrowed at 20% per annum compounded annually. If the amount is to be paid in two years, the amount will be?

Chapters. Coding Decoding

If 1 number is added in even digit

in the given number 9458732 and 2 is

subtracted in odd digit, then how many digit

is repeated in the newly formed number

Chapters. Mensuration

The ratio between a height of 2 cylinder is in the ratio 3:5. Their volumes are in the ratio 27:80. Find ratio between their radius.

Chapters. Coding Decoding

In a certain code language ‘green grasseverywhere’ is written as‘dik pa sok’ and ‘cow

eats grass’ is written as ‘nok ta pa’. How is‘cow’ written in that code language?

Exams

IIT JEE

Support