Question

    An article with cost price of Rs. 1600 is marked 44%

    above its cost price and sold after two successive discounts of 13% and Rs. ‘X’ respectively such that it is sold at a profit of 20%. Find the value of ‘X’.
    A 82.48 Correct Answer Incorrect Answer
    B 80.48 Correct Answer Incorrect Answer
    C 87.48 Correct Answer Incorrect Answer
    D 84.48 Correct Answer Incorrect Answer

    Solution

    Marked price of the article = 1600 × 1.44 = Rs. 2304 Selling price of the article after first discount = 2304 × (87/100) = Rs. 2004.48 Selling price of the article after second discount = 1600 × 1.2 = Rs. 1920 So, second discount = X = 2004.48 – 1920 = 84.48

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