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

    Question

    The marked price of an article is ₹10,927. Due festive

    season, a certain percentage of discount is declared. Raju buys an article at reduced price and sells it at ₹109,27, and makes a profit of 11.5%. What was the percentage discount offered?
    A 10.9% Correct Answer Incorrect Answer
    B 11.3% Correct Answer Incorrect Answer
    C 10.3% Correct Answer Incorrect Answer
    D 11.5% Correct Answer Incorrect Answer

    Solution

    ATQ- Let the cost price =100 then  111.5=10927 Cost price of Raju = 10927 x (100/111.5) The cost price of Raju = 9800 Discount = 10927-9800 =1127 Discount% = (1127/10927) × 100 10.31 ≈ 10.3%  The percentage discount offered was 10.3%

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