Quantitative Aptitude Ques 969

Question: The difference between a discount of 40% on Rs. 500 and two successive discounts of 36% and 4% on the same amount is

Options:

A) Rs. 0

B) Rs. 2

C) Rs. 1.93

D) Rs. 7.20

Show Answer

Answer:

Correct Answer: D

Solution:

  • Single equivalent discount for 36% and 4% $ =( x+y-\frac{xy}{100} )%=( 36+4-\frac{36\times 4}{100} ) $ % $ =(40-1.44)%=38.56 $ %

$ \therefore $ Required difference $ =(40-38.56) $ %=38.56% = 1.44% of 500 $ =\frac{500\times 1.44}{100}=Rs\text{.}7\text{.20} $