Question : On selling a car, a person gives a discount of 8 percent. If he gives a discount of 4 percent, then he receives Rs. 7200 more than in the case of 8 percent discount. What is the marked price of the car?
Option 1: Rs. 150000
Option 2: Rs. 160000
Option 3: Rs. 180000
Option 4: Rs. 110000
Correct Answer: Rs. 180000
Solution :
Given: 1st discount = 8%
If he gives a discount of 4%, he gains = Rs. 7200
Difference in discount = 8% – 4% = 4%
Difference in price = Rs. 7200
Now,
⇒ $\frac{4}{100}$th of Marked price $=7200$
$\therefore$ Marked price of the Car = 180000
Hence, the correct answer is Rs. 180000.
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