The marked price of an article is U0 000 and while selling the shopkeeper offers two successive disc...........

Quantitative Aptitude (MTS) Profit and loss

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%.

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