ABC26GN2808 · Profit and Loss

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

After successive discounts of 12\% and 5\% an article was sold for ₹ 209. What was the original price of the article?
(a)₹ 226
(b)₹ 250
(c)₹ 252
(d)₹ 269
Answer
Answer (as printed): B
Explanation
Let the original price be ₹ $x$. Then, $$95 \% \text { of } 88 \% \text { of } x=209 \Rightarrow x=\left(\frac{209 \times 100 \times 100}{95 \times 88}\right)=250 .$$

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

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