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A merchant marked cloth at Rs 50 metre He offers 2...

This question belongs to Arithmetic Ability Profit And Loss
Profit and Loss
?

A merchant marked cloth at Rs. 50 metre. He offers 2 successive discounts of 15% and 20%. The net price/metre is = ?

Answer & Solution
Correct Answer: Option C
$$\eqalign{ & 15\% = \frac{3}{{20}}\left( - \right) \cr & 20\% = \frac{1}{5}\left( - \right) \cr} $$
Marked Price   :   Net Price
20 : 17
5 : 4
100 : 68
100 units = Rs. 50
1 unit = Rs. 0.50
68 units = Rs. 34
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