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

    Question

    If on a marked price, the difference between the

    selling price at a discount of 40% and that at two successive discounts of 20% and 10% is Rs. 132. Find the marked price of the article?
    A Rs. 1,220 Correct Answer Incorrect Answer
    B Rs. 1,575 Correct Answer Incorrect Answer
    C Rs. 1,100 Correct Answer Incorrect Answer
    D Rs. 1,345 Correct Answer Incorrect Answer

    Solution

    Let the MP be x  In the first case, SP at 40% loss = 60x/100 Single discount equivalent to 20% and 10% successive discounts = (20+10-(20 × 10)/100) = 28% SP in the second case = 72x/100 Now, 72x/100 - 60x/100 = 132 12x/100 = 132 x = (100×132)/100 = Rs. 1100

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