Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Profit and Loss

Question:

On the marked price of ₹1,250 of an article, three successive discounts of 5%, 15% and 20% are offered. What will be the selling price (in ₹) after all discounts?

Options:

1,000

807.50

975.75

950.25

Correct Answer:

807.50

Explanation:

Marked price: Rs. 1,250

Discount offered 5%, 15% and 20%

⇒ S.P = 1250 × \(\frac{95}{100}\) × \(\frac{85}{100}\) × \(\frac{80}{100}\)

S.P = 807.50