Multiple Choice Questions on A Bike is available at 40 discount at show room ldquo A rdquo and the same is available at only 25 d........... for SSC CGL Exam Preparation

Profit and loss

Quantitative Aptitude (CGL)

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Indian Economy - Understanding the basics of Indian economic system

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    A Bike is available at 40% discount at show room “A” and the same is available at only 25% discount at show room “B”. Mr. Arun has just sufficient amount of Rs. 60,000 to purchase it at show room “A”. What is the amount that Mr. Arun has less than the required amount to purchase it at that show room “B”?

    70000

    Incorrect Answer

    50000

    Incorrect Answer

    10000

    Incorrect Answer

    15000

    Correct Answer
    Explanation:

    Let the marked price be x.
    Cost price (CP) = 40 % discount on MP = 0.6y = 60000
    ⇒ y= Rs.100000 MP
    SP at Show Room “A” = Rs. 60000
    SP at Show Room “B” = 100000 X 0.75 = 75000; Difference = 15000


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