The printed price on a Mathematics book

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Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Profit and Loss

Question:

The printed price on a Mathematics book is ₹550. If it is sold at two successive discounts of 20% and 30%, then its selling price will be:

Options:

₹305

₹308

₹312

₹310

Correct Answer:

₹308

Explanation:

The marked price of the article = 550

The discounts = 20% and 30% successively

Selling price = 550 × $\frac{80}{100}$ × $\frac{70}{100}$ = ₹308