ABC26GN2803 · Profit and Loss

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

A shop gives 10% discount on the purchase of an item. If paid for in cash immediately, a further discount of 12% is given. If the original price of the item is ₹250, what is the price of the article if a cash purchase is made? (R.R.B., 2006)
(a)` 190
(b)` 195
(c)` 198
(d)` 200
Answer
Answer (as printed): C
Explanation
S.P. = 88% of 90% of ₹250 = $\frac{88}{100} \times \frac{90}{100} \times 250 = ₹198$.

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

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