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A man purchases an electric heater whose printed price is 160 if he received two successive discounts of 20% and 10% he paid:

Correct answer: D. Rs. 115.20

  • A. Rs. 112
  • B. Rs. 129.60
  • C. Rs. 119.60
  • D. Rs. 115.20

Explanation

Successive discounts are applied one after the other: Rs. 160 x 80% x 90% = Rs. 115.20. The likely wrong choice is Rs. 112, which results from subtracting 30% of Rs. 160 and incorrectly adding the two discount rates.

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About Profit and Loss

Profit and loss compare the cost price and selling price of an item, using profit or loss percentages based on the cost price unless stated otherwise. Questions include marked price, discount, successive discounts, commission, and finding an unknown price, with care needed to distinguish discount from loss.

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