Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Profit and Loss

Question:

An article is sold for ₹1,176 after two successive discounts of 30% and 16% on its list price. What is the difference (in ₹) between the list price and the selling price of the article ?

Options:

740

820

840

824

Correct Answer:

824

Explanation:

Selling price of the article = 1176

Discounts given = 30% and 16%

Now the marked price of that article = 1176 × \(\frac{10}{7}\) × \(\frac{100}{84}\) = 2000

The difference (in ₹) between the list price and the selling price of the article = 2000 - 1176 = 824