Problem: You can now purchase 5 more bananas with Tk. 75 because of a reduction in price by 16.6666%. Calculate the current price of one dozen of bananas.
View all: NATIONAL BANK | OFFICER | RECRUITMENT QUESTION(MATH) SOLVE | 1997
Correct Answer: 36 TK
Explanation:
At 16.6666% reduction, the present cost = Tk. (100 — 16.6666)
= Tk. 83.3334
When present cost Tk. 83.3334 then past cost = Tk. 100
When present cost Tk. 75 then past cost = Tk. $\frac{100\cdot75}{83.3334} $
= 90 Tk.
So the current price of 5 bananas = Tk. (90 — 75) = Tk. 15
The current price of 5 bananas = Tk. 15
The current price of 1 banana = Tk. $\frac{15}{5} $
The current price of 12 bananas = Tk. $\frac{15\cdot12}{5} $
= 36 Tk.