If an item whose marked price is ₹1,00

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Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Profit and Loss

Question:

If an item whose marked price is ₹1,000 is sold after two successive discounts of l0% and 15%, then find the price at which the item is sold.

Options:

₹775

₹745

₹765

₹755

Correct Answer:

₹765

Explanation:

The marked price of the article = 1000

Two successive discounts = 10% and 15%

Then the selling price of that article = 1000 × \(\frac{90}{100}\) × \(\frac{85}{100}\) = ₹765