Multiple Choice Questions on A housewife saved Rs 2 50 in buying an item on sale If she spent Rs 25 for the item approximately ho........... for CDS Exam Preparation

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Indian Economy - Understanding the basics of Indian economic system

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    A housewife saved Rs. 2.50 in buying an item on sale. If she spent Rs. 25 for the item, approximately how much percent she saved in the transaction ?

    8

    Incorrect Answer

    9

    Correct Answer

    10

    Incorrect Answer

    11

    Incorrect Answer
    Explanation:

    Actual price = Rs. (25 + 2.50) = Rs. 27.50.

    Saving = 2.50

    Percentage Saving = [(2.50/27.50)*100]

    = 2500 /275 = 9 1/11% ≈9%

    Hence, option 2 is the correct answer.


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