Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Profit and Loss

Question:

An article was sold for ₹512 after giving two equal successive discounts on the marked price of ₹800. The percentage discount offered is:

Options:

16%

20%

18%

15%

Correct Answer:

20%

Explanation:

Given=

M.P = 800

S.P = 512

Now, M.P : S.P = 800 : 512 = 400 : 256

Here, two discounts are given successively. So, after one discount the ratio becomes,

M.P : S.P = √400 : √256

M.P : S.P = 20 : 16

Discount% = (20-16) × \(\frac{100}{20}\) = 20%