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    Question

    A shopkeeper sold an article after offering two

    successive discounts of 19% and 20%, respectively. The marked price of the article is Rs. 1500. If the cost price of the article is 2000, then find the profit/loss percentage in the whole transaction.
    A 31.4% Correct Answer Incorrect Answer
    B 41.4% Correct Answer Incorrect Answer
    C 71.4% Correct Answer Incorrect Answer
    D 51.4% Correct Answer Incorrect Answer

    Solution

    Marked price of the article = Rs. 1500 Selling price of the article = 1500 × 0.81 × 0.8 = Rs. 972 Cost price of the article = Rs. 972 So, loss percentage = [(2000 – 972)/2000] × 100 = 51.4%

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