Question Paper from: SBI PO Prelims 2017

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%

Solution:
Chapter Name: Percentage

Let the business value change from x to y.

Then, 3% of x = 4% of y ⇒ =

⇒ 3x = 4y ⇒ y =

Decrease in business = =

Percentage slump in business = % = 25%


This has been asked in Question Paper

SBI PO Prelims 2017

Attempt

More Questions From Paper

prepsutra-app-download android ios

Download the PrepSutra app

Download the app for Android devices and prepare on the go - anytime, anywhere!