Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Profit and Loss

Question:

The marked price of an article is ₹ x . After allowing two successive discounts of 20% and 16% on the marked price, it is sold for ₹504. What is the value of x ?

Options:

720

700

740

750

Correct Answer:

750

Explanation:

Selling price of the article = 504

Discounts = 20% and 16%

Marked price of the article = 504 × \(\frac{100}{80}\) × \(\frac{100}{84}\) = 750