Profit and loss

Quantitative Aptitude (CGL)

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A trader allows a 20% trade discount and a 30% cash discount. If the list price is Rs. 1200, then the selling price (in Rs.) is:

This questions was previously asked in

ssc cgl 2023 pre

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627

720

762

672

Explanation:

Correct option 4: 672

Given:
Trade discount = 20%
Cash discount = 30%
Concept used:
M.P. S.P. x 100/(100 - discount %)
Calculation:
Trader provides 20% trade discount and 30% cash discount on the list price.
The list price = Rs. 1200
:. The selling price = Rs. 1200 x (80/100) x (70/100)
= Rs. 672
The selling price is Rs. 672.

By: Parvesh Mehta

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