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      Question

      A trader marked a jacket at Rs. 1000 and gave two

      back-to-back discounts of 20% and 10%. Even after this, he gained Rs. 60 on the transaction. What was his cost price?
      A Rs.600 Correct Answer Incorrect Answer
      B Rs.792 Correct Answer Incorrect Answer
      C Rs.660 Correct Answer Incorrect Answer
      D Rs.575 Correct Answer Incorrect Answer

      Solution

      ATQ,

      Selling price = 1000 ├Ч 0.8 ├Ч 0.9 = Rs. 720

      Cost price = 720 тАУ 60 = Rs. 660

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