Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Profit and Loss

Question:

The marked price of a cap is ₹2,000. Two successive discounts of 15% and x% are given. If the selling price is ₹1,275, then what is the value of x ?

Options:

20%

22.5%

27.5%

25%

Correct Answer:

25%

Explanation:

The marked price of the article = 2000

Two successive discounts of 15% and x% are given

So, the selling price of the article after first discount of 15% = 85% of the MP

SP1 = 85% of the 2000 = 1700

Final selling price = 1,275

Second discount = 1700 - 1275 = 425

Discount% = 425 × \(\frac{100}{1700}\) = 25%