ABC26GN2786 · Profit and Loss

Subject: General Aptitude · Chapter: Profit and Loss · Exam: · Marks: · Difficulty:

A dress shop marked down all items as following:
GroupRegular priceSale price
A₹ 65₹ 55
B₹ 60₹ 50
C₹ 70₹ 60
D₹ 75₹ 65
Which group of items was offered at the greatest rate of discount?
(a)A
(b)B
(c)C
(d)D
Answer
Answer (as printed): B
Explanation
Group A: Rate of discount $=\left(\frac{10}{65} \times 100\right) \%=15.38 \%$. Group B: Rate of discount $=\left(\frac{10}{60} \times 100\right) \%=16.66 \%$. Group C: Rate of discount $=\left(\frac{10}{70} \times 100\right) \%=14.29 \%$. Group D: Rate of discount $=\left(\frac{10}{75} \times 100\right) \%=13.33 \%$.

Explanation as extracted from the printed page; notation may be imperfect.

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