A shopkeeper allows successive discounts of 20% and 25% on a marked price of Rs 1000. What is the net selling price?
Answer and explanation
Correct answer: C. Rs 600
- Step 1: After the first discount: 1000 x 80/100 = 800.
- Step 2: After the second: 800 x 75/100 = 600.
Answer
Rs 600.
Practise more Arithmetic: Profit, Interest and Percentages.
Free questions with an explanation for every one, and full timed SSC CGL mock tests.
More Arithmetic: Profit, Interest and Percentages questions
- What is 12% of 1500?
- A trader buys an article for Rs 500 and sells it at a profit of 5%. What is the selling price?
- A number increases from 500 to 750. What is the percentage increase?
- What is 25% of 2000?
- An article is sold for Rs 900 at a loss of 10%. What is its cost price?
- What is the compound interest on Rs 8000 at 5% per annum for 2 years, compounded annually?