Multiple Choice Questions

The marked price of an item was Rs5 000 While selling the item the seller offered successive discoun...........

Quantitative Aptitude (MTS) Profit and loss

The marked price of an item was Rs5,000. While selling the item, the seller offered successive discounts of 15% and 5%. What

was the final selling price of the item?

This questions was previously asked in

SSC MTS 12th July 2022 Shift-3

Rs4,730

Rs4,370.50

Rs4,250

Rs4,037.50

- The initial marked price of the item is Rs5,000.

- The seller offers a first discount of 15%. Calculate this as 15% of Rs5,000:

- 15% of 5000 = 0.15 × 5000 = Rs750

- New price after first discount = Rs5,000 - Rs750 = Rs4,250

- The seller then offers a second discount of 5% on the new price.

- 5% of 4250 = 0.05 × 4250 = Rs212.50

- Final selling price = Rs4,250 - Rs212.50 = Rs4,037.50

- Option 4: Rs4,037.50 is the correct answer.

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