New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    On an item there is 8% discount on the marked price of

    Rs.32,000. After giving an additional season's discount, the item is sold for Rs.25,000. How much is the season's discount (in %)? (Correct to two places of decimal)
    A 15.08 Correct Answer Incorrect Answer
    B 14.04 Correct Answer Incorrect Answer
    C 12.60 Correct Answer Incorrect Answer
    D 16.5 Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    The original marked price is 32,000, and the initial discount is 8%. The price after the initial discount is calculated as: Discounted Price = Marked Price- Initial Discount = 32000 - (32000 × 0.08) = 32000-2560   = 29440 The item is sold for ₹25,000 after applying an additional season's discount on the discounted price of ₹29,440. How much less price =29440-25000 =4440 Percentage less = (4440 /29440) ×100 = (111/736) ×100 =11100/736 =15.08%

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