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

The marked price of an article is U0,000, and while selling, the shopkeeper offers two successive discounts of 12% and d%. If

the selling price of the article is Rs16,720, then what is the value of d?

This questions was previously asked in

SSC MTS 18th July 2022 Shift-2

- The marked price of the article is Rs 20,000.

- The shopkeeper gives two successive discounts: first 12%, then d%.

- The selling price is Rs 16,720.

- First discount reduces the price to: 20,000 x (1 - 0.12) = Rs 17,600.

- The second discount formula: 17,600 x (1 - d/100) = 16,720.

- Solving for d gives: d = [1 - (16,720 / 17,600)] x 100 = 5%.

- Option 1: 8 - Calculated d is not 8%.

- Option 2: 10 - Calculated d is not 10%.

- Option 3: 4 - Calculated d is not 4%.

- Option 4: 5 - Calculated d is 5%.