Subject: General Aptitude · Chapter: Profit and Loss · Exam: · Marks: · Difficulty:
A fan is listed at ₹ 1500 and a discount of 20\% is offered on the list price. What additional discount must be offered to the customer to bring the net price to ₹ 1104?
(a)8\%
(b)10\%
(c)12\%
(d)15\%
Answer
Answer (as printed): A
Explanation
S.P. after 1st discount $=₹\left(\frac{80}{100} \times 1500\right)=₹ 1200$. Net S.P. $=₹ 1104$. Discount on ₹ $1200=₹ 96$. $$\therefore \quad \text { Required discount }=\left(\frac{96}{1200} \times 100\right) \%=8 \% .$$
Explanation as extracted from the printed page; notation may be imperfect.