Multiple Choice Questions on A Grinder is listed at Rs 1200 and a discount of 25 is offered on the list price What additiona........... for Mathematics - All Exams Preparation

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Multiple Choice Questions

A Grinder is listed at Rs 1200 and a discount of 25 is offered on the list price What additiona...........

Quant (SSC) Profit and loss
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    A Grinder is listed at Rs.1200 and a discount of 25%is offered  on the list price. What additional discount must be offered to the customer to bring the net price to Rs. 990.

    10%

    Correct Answer

    12%

    Incorrect Answer

    15%

    Incorrect Answer

    20%

    Incorrect Answer
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    Explanation:

    SP after 1st discount = [(75/100)×1200] = Rs.900
    Net SP = Rs.990
    Discount on Rs.900 = 990 – 900 = Rs.90
    Required discount = [(90/900)×100] = 10%

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