The marked price of an article is Rs250 After allowing two successive discounts of 20 and x on the m...........

Quantitative Aptitude (CPO) Profit and loss

The marked price of an article is Rs250. After allowing two successive discounts of 20% and x% on the marked price, it is sold for

Rs185.60. What is the value of x?

This questions was previously asked in

SSC CPO 13th Dec 2019 Shift-2

8.4%

7.2%

6.8%

7.6%

- The marked price of the article is Rs 250.

- It receives a first discount of 20%.

- Calculate the first discount: \(250 \times 0.20 = 50\).

- Subtract the discount from the marked price: \(250 - 50 = 200\).

- A second discount of x% is applied on the new price of Rs 200.

- The selling price after all discounts is Rs 185.60.

- Calculate the second discount: \( 200 \times (\frac{100-x}{100}) = 185.60 \).

- Solve for x: \( \frac{200 - 200 \times x/100}{100} = 185.60 \).

- Simplify the equation to find that x = 7.2%.

Option 2: 7.2% is correct.

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