Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Profit and Loss

Question:

A mobile phone was sold for ₹31,500 after giving two successive discounts of 30% and 10%, respectively. What was the marked price of the mobile?

Options:

₹50,000

₹55,000

₹52,500

₹35,000

Correct Answer:

₹50,000

Explanation:

According to the question,

Two discounts = 30% and 10%

Selling price = ₹31,500

Now, the marked price = 31,500 × \(\frac{10}{7}\) × \(\frac{10}{9}\)

The marked price= ₹50,000