ABC26GN2809 · Profit and Loss

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

Applied to a bill for ₹ 1,00,000, the difference between a discount of 40\% and two successive discounts of 36\% and 4\% is
(a)Nil
(b)₹ 1440
(c)₹ 2500
(d)₹ 1960
Answer
Answer (as printed): B
Explanation
S.P. in 1st case $=60 \%$ of $₹ 100000=₹ 60000$. S.P. in 2nd case = 96\% of 64\% of ₹ 100000 $$=₹\left(\frac{96}{100} \times \frac{64}{100} \times 100000\right)=₹ 61440 .$$ ∴ Difference $=₹(61440-60000)=₹ 1440$.

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

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