Profit and loss

Quantitative Aptitude (CHSL)

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

An article is sold for Rs 840 after two successive discounts of 20% and 30% on its marked price. What is the discount (in Rs)?

This questions was previously asked in

SSC CHSL 6th June 2022 Shift-1

660

460

560

760

- The marked price is reduced by two successive discounts.

- First, a 20% discount is applied. Hence, the price becomes 80% of the marked price.

- Next, a 30% discount is applied. The new price becomes 70% of the previous price.

- The final selling price is Rs 840 after both discounts.

- Let the original marked price be Rs X.

- After a 20% discount: Price = 0.8X

- After a further 30% discount: Price = 0.7(0.8X) = 0.56X

- This results in 0.56X = 840.

- Solving gives X = 1500 as the original marked price.

- Total discount = Marked Price - Selling Price = 1500 - 840 = 660.

- Answer: Option 1 - 660