The sale price sarees listed for Rs.400 after successive discount is 10% and 5% is________?
Correct answer: C. Rs.342
- A. Rs.357
- B. Rs.340
- C. Rs.342
- D. Rs.338
Explanation
Apply the discounts successively: Rs.400 x 90% = Rs.360, then Rs.360 x 95% = Rs.342. Thus the sale price is Rs.342. Students often choose a by subtracting 15% of Rs.400, which incorrectly treats successive discounts as one simple 15% discount.
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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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