IPMAT Question Paper 2023 | IPM Indore Quantitative Ability

IPMAT Question Paper | Question 17

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Question 17 :A goldsmith bought a large solid golden ball at INR 1,000,000 and melted it to make a certain number of solid spherical beads such that the radius of each bead was one-fifth of the radius of the original ball. Assume that the cost of making golden beads is negligible. If the goldsmith sold all the beads at 20% discount on the listed price and made a total profit of 20%, then the listed price of each golden bead, in INR, was

  1. 12000
  2. 9600
  3. 48000
  4. 24000

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The question is "A goldsmith bought a large solid golden ball at INR 1,000,000 and melted it to make a certain number of solid spherical beads such that the radius of each bead was one-fifth of the radius of the original ball. Assume that the cost of making golden beads is negligible. If the goldsmith sold all the beads at 20% discount on the listed price and made a total profit of 20%, then the listed price of each golden bead, in INR, was"

Hence, the answer is '12000'

 

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