Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Profit and Loss

Question:

The marked price of an article is ₹250. After allowing two successive discounts of 20% and x% on the marked price, it is sold for ₹185.60. What is the value of x?

Options:

8.4%

7.2%

6.8%

7.6%

Correct Answer:

7.2%

Explanation:

Marked price of article = 250

After allowing discount 20% the selling price = 80% of 250 = 200

Final selling price = 185.6

another discount, x = 200 - 185.6 = 14.4

x% = 14.4 × \(\frac{100}{200}\) = 7.2%