Profit and loss

Quantitative Aptitude (MTS)

Title

45:30

8 of 24 completed

5 of 15 completed

38 of 100 completed

8 of 20 completed

Indian Economy - Understanding the basics of Indian economic system

During the festive season, on a gadget of Rs. 5000 MRP, after certain discount sold at Rs. 4250. If discount is decreased by 5%,

then the customer will get the gadget at what price?

5,000

4,000

4,750

4,500

- The original gadget price is Rs. 5000, and after a discount, it sells for Rs. 4250.

- The discount amount: Rs. 5000 - Rs. 4250 = Rs. 750.

- The original discount percentage is (750/5000) * 100 = 15%.

- If the discount decreases by 5%, the new discount is 10%.

- A 10% discount on Rs. 5000 is 5000 * 0.10 = Rs. 500.

- The new price after a 10% discount is 5000 - 500 = Rs. 4500.

- Option:1 Rs. 5000 - Unchanged original price.

- Option:2 Rs. 4000 - Incorrect.

- Option:3 Rs. 4750 - Incorrect.

- Option:4 Rs. 4500 - Correct new selling price.