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The difference between a discount of 40% on Rs. 500 and two successive discount of 36% and 4% on the same amount is:________?

Correct answer: D. Rs. 7.20

  • A. 0
  • B. Rs. 2
  • C. Rs. 1.93
  • D. Rs. 7.20

Explanation

A 40% discount on Rs. 500 leaves Rs. 500 x 60% = Rs. 300 to pay, whereas successive discounts leave Rs. 500 x 64% x 96% = Rs. 307.20. Their difference is Rs. 307.20 - Rs. 300 = Rs. 7.20; the likely wrong choice is Rs. 0, from adding 36% and 4% as though successive discounts were applied to the original price.

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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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