Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Profit and Loss

Question:

Marked price of a computer is Rs 14000. Selling price of computer is Rs 9702. If two successive discounts of 23% and y% are given, them what is the value of y?

Options:

15%

10%

12%

5%

Correct Answer:

10%

Explanation:

Selling price = Marked price x discount 

⇒ 9702 = 14000 x $\frac{77}{100}$ x $\frac{100-y}{100}$

⇒ $\frac{9702}{14000}$ x $\frac{100}{77}$ x 100  = 100 -  y

⇒ 100 -  y = 90

⇒     y = 10%