3 Views

Question : A shopkeeper allows a 10% trade discount and a 10% cash discount. If the marked price is INR 1,000, then the selling price is:

Option 1: INR 900

Option 2: INR 850

Option 3: INR 810

Option 4: INR 920


Team Careers360 1st Jan, 2024
Answer (1)
Team Careers360 19th Jan, 2024

Correct Answer: INR 810


Solution : Single equivalent discount = $(a+b-\frac{a×b}{100}$)%, where $a$% and $b$% are successive discounts.
Effective discount for two successive discounts of 10% and 10% $=10+10-\frac{10×10}{100}=20-1=19\%$
So, the selling price = $\frac{100-19}{100}×1000=\frac{81}{100}×1000$ = INR 810
Hence, the correct answer is INR 810.

How to crack SSC CHSL

Candidates can download this e-book to give a boost to thier preparation.

Download Now

Know More About

Related Questions

TOEFL ® Registrations 2024
Apply
Accepted by more than 11,000 universities in over 150 countries worldwide
Manipal Online M.Com Admissions
Apply
Apply for Online M.Com from Manipal University
GRE ® Registrations 2024
Apply
Apply for GRE® Test now & save 10% with ApplyShop Gift Card | World's most used Admission Test for Graduate & Professional Schools
View All Application Forms

Download the Careers360 App on your Android phone

Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile

150M+ Students
30,000+ Colleges
500+ Exams
1500+ E-books