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    Question

    A shopkeeper sold an article after offering two

    successive discounts of 18% and 10%, respectively. The marked price of the article is Rs. 2400. If the cost price of the article is 2000, then find the profit/loss percentage in the whole transaction.
    A 11.44% Correct Answer Incorrect Answer
    B 10.44% Correct Answer Incorrect Answer
    C 12.44% Correct Answer Incorrect Answer
    D 15.44% Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Marked price of the article = Rs. 2400 Selling price of the article = 2400 × 0.82 × 0.9 = Rs. 1771.2 Cost price of the article = Rs. 1771.2 So, loss percentage = [(2000 – 1771.2)/2000] × 100 = 11.44%

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