Subject: General Aptitude · Chapter: Profit and Loss · Exam: 2005 · Marks: · Difficulty:
For the purchase of a motor car, a man has to pay ₹ 17000 when a single discount of 15\% is allowed. How much will he have to pay for it if two successive discounts of 5\% and 10\% respectively are allowed?
(a)₹ 17000
(b)₹ 17010
(c)₹ 17100
(d)₹ 18000
Answer
Answer (as printed): C
Explanation
Let M.P. be ₹ $x$. $$\text { Then, } 85 \% \text { of } x=17000 \Rightarrow x=\left(\frac{17000 \times 100}{85}\right)=20000 \text {. }$$ ∴ Required S.P. $=90 \%$ of 95\% of ₹ 20000 $$=₹\left(\frac{90}{100} \times \frac{95}{100} \times 20000\right)=₹ 17100 .$$
Explanation as extracted from the printed page; notation may be imperfect.