Ranbir bought a car at a 50% discount on the cost price of the car. Had he got a 60% discount, he would have spent ₹1,00,000 less. Calculate the cost price of the car?
Answer & explanation
Correct answer: option 4
Discount 1 = 60%
Discount 2 = 50%
Direct concept = D1 - D2 = Less spent
60% - 50% = 100000
10% of CP = 100000
100% of CP = 1000000 = ₹10 lakhs