Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Profit and Loss

Question:

Reema went to a shopping mall to buy a gift. She saw a shop giving successive discounts of 50% and 30%, and from there selected a gift whose MRP was ₹1,700. How much did Reema have to pay to buy the gift?

Options:

₹255

₹850

₹340

₹595

Correct Answer:

₹595

Explanation:

Marked price of the gift = 1700

Discounts = 50% and 30%

Then the selling price of that article = 1700 × \(\frac{1}{2}\)  × \(\frac{7}{10}\) = ₹595