Question

    An article has a cost price of Rs. 750 and is marked 40%

    above its cost price. 'A' proposes to sell this article after two successive discounts of 12% and Rs. 50, while 'B' proposes to sell it after a single discount of 20%. What is the difference between the selling prices proposed by 'A' and 'B'?
    A 20 Correct Answer Incorrect Answer
    B 34 Correct Answer Incorrect Answer
    C 55 Correct Answer Incorrect Answer
    D 28 Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    ATQ;
    Marked price of the article = 750 X 1.40 = Rs. 1050

    Selling price proposed by 'A' = 1050 X 0.88 - 50 = 924 - 50 = Rs. 874

    Selling price proposed by 'B' = 1050 X 0.80 = Rs. 840

    So, required difference = 874 - 840 = Rs. 34

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